Performance Bankers, Inc.
Overview
Performance Bankers, Inc. sponsors a self-funded health plan that covered 621 participants in plan year 2025, up 4% from the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 621 · prior year 600
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Performance Bankers, Inc. Health Care Plan, plan 503 (621 participants); Performance Bankers, Inc. Flexible Compensation Program Cafeteria Plan, plan 507 (243 participants)
- Broker compensation
- $100K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Delta Dental of South Dakota | Dental | 1,334 | $649K | $8K |
| Standard Insurance Company | Life, Long-term disability, Short-term disability | 737 | $373K | $79K |
| Fidelity Security Life Insurance Company | Vision | 1,165 | $91K | $13K |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 621 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Performance Bankers, Inc.
- Sponsor EIN
- 46-0373528
- Plan numbers
- 503, 507
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 46-0373528 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Performance Bankers, Inc. Retirement Savings Plan
- Type
- 401(k) plan
- Participants
- 928
About this data
Source: Performance Bankers, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Performance Bankers, Inc..