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Sponsor portfolioWelfare / HealthEIN 62-0123640

SIMPLYBANK

P.O. BOX 259 · DAYTON, TN 37321
4232907006
Plans filed
1
Years active
2022–2024
Industry
NAICS 52
Latest filing
2024
Total premiums (latest)
$660K
No prior year
Persons covered
119
No prior year
Total participants
106
No prior year
Plans filed
1
No prior year

Plans under this sponsor

1 plan
Plan #503$660K
SIMPLYBANK EMPLOYEE BENEFITS PLAN
Fully insured119 covered·3 carriers
Primary: BLUECROSS BLUESHIELD OF TENNESSEE, INC.

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$630K32.6%
Dental$630K32.6%
Vision$630K32.6%
Other$16K0.8%
Life$9K0.5%
Long-term disability$8K0.4%
Short-term disability$7K0.4%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
BLUE CROSS OF CALIFORNIA
EIN 620427913
HDV
$630K95.4%1166
UNITED OF OMAHA LIFE INSURANCE COMPANY
EIN 470322111
LSTDLTDOth
$30K4.6%112119

Broker overview

2 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
BRENT WICKCHATTANOOGA, TNBLUECROSS BLUESHIELD OF TENNESSEE, INC.$37K$0$37K77.4%1
BALDWIN KRYSTYN SHERMAN PARTNERSKNOXVILLE, TNUNITED OF OMAHA LIFE INSURANCE COMPANY, UNITED OF OMAHA LFE INSURANCE COMPANY$4K$6K$11K22.6%1

History & trajectory

3 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
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