Plan Ledger DOL Form 5500 · updated monthly

Western Bankbenefits

Western Bank Employee Benefit Plan · LUBBOCK, TX · plan year 2025

Broker compensation reported · 2025
$16,334

Western Bank's benefits plans covered 134 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $16,334 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $122 per covered person, below the median for employer plans that report broker pay. Broker pay fell 84% from $102,533 in 2024.

Insurance contracts · 20255
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 135 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 78 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 134 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 43 covered
UNITED HEALTHCARE SERVICES INC. · health drug dental vision stop-loss ppopremiums n/a · 99 covered
Brokers & agents paid · 20251
TOMMY MORRIS AGENCY, LLC$16,334 · incl $16,334 fees
Also brokered by Tommy Morris Agency, LLC1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 740962570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.