Plan Ledger DOL Form 5500 · updated monthly

Wallis Bankbenefits

Wallis Bank Health Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$109,845

Wallis Bank's benefits plans covered 223 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $109,845 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $493 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $97,245 in 2023.

Insurance contracts · 20243
BLUECROSS BLUESHIELD OF TEXAS · health drug ppopremiums n/a · 253 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 146 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 223 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES SOUTHWEST$69,569 · incl $1,386 fees
USI INSURANCE SERVICES LLC$40,276 · incl $13,784 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760567959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.