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Sponsor portfolioWelfare / HealthEIN 26-1366826
SOUTH ATLANTIC BANK
630 29TH AVE NORTH · MYRTLE BEACH, SC 29577
8438395976
- Plans filed
- 3
- Years active
- 2015–2025
- Industry
- NAICS 52
- Latest filing
- 2025
Total premiums (latest)
$278K
No prior year
Persons covered
296
No prior year
Total participants
166
No prior year
Plans filed
3
No prior year
Plans under this sponsor
3 plans
Plan #501$1.4M
SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST
Fully insured231 covered·2 carriers
Primary: BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA
Plan #502$281K
SOUTH ATLANTIC BANK WELFARE BENEFIT PLAN
Fully insured288 covered·2 carriers
Primary: PRINCIPAL LIFE INSURANCE COMPANY
Plan #503$278K
SOUTH ATLANTIC BANK HEALTH & WELFARE PLAN
Mixed296 covered·2 carriers
Primary: PRINCIPAL LIFE INSURANCE COMPANY
Coverage overview
Aggregate, latest year
| Benefit type | Premium | Share | Distribution |
|---|---|---|---|
| Dental | $263K | 24.6% | |
| Life | $263K | 24.6% | |
| Short-term disability | $263K | 24.6% | |
| Long-term disability | $263K | 24.6% | |
| Vision | $15K | 1.4% |
Carrier overview
2 carriers · all plans
| Carrier | Coverage | Total premium | Share | Plans | Contracts | Covered |
|---|---|---|---|---|---|---|
EIN 420127290 | DLSTDLTD | $263K | 94.5% | 1 | 1 | 296 |
EIN 381082080 | V | $15K | 5.5% | 1 | 1 | 107 |
Broker overview
3 brokers · all plans
| Broker | Loc | Carriers | Commissions | Fees | Total comp | Share | Plans |
|---|---|---|---|---|---|---|---|
| CAROLINA INSURANCE GROUP | MYRTLE BEACH, SC | PRINCIPAL LIFE INSURANCE COMPANY | $23K | $0 | $23K | 58.6% | 1 |
| THE CASON GROUP INC | COLUMBIA, SC | PRINCIPAL LIFE INSURANCE COMPANY, SUN LIFE ASSURANCE COMPANY OF CANADA | $762 | $14K | $15K | 37.5% | 1 |
| REMEDY ADVISORS LLC | YORK, SC | SUN LIFE ASSURANCE COMPANY OF CANADA | $2K | $0 | $2K | 3.9% | 1 |
History & trajectory
11 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.
Policy details
Latest year, by plan