Plan Ledger DOL Form 5500 · updated monthly

A&B Electric Company Incbenefits

A & B Electric Company Inc Employee Health Protection Plan · MERIDIAN, MS · plan year 2024

Broker compensation reported · 2024
$4,448

A&B Electric Company Inc's benefits plans covered 46 active participants in 2024, providing health · dental · life. Insurance brokers and agents were paid $4,448 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $97 per covered person, below the median for employer plans that report broker pay. Broker pay fell 20% from $5,569 in 2023.

Insurance contracts · 20242
SUN LIFE ASSURANCE COMPANY OF CANADA · stop-losspremiums n/a · 37 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · lifepremiums n/a · 46 covered
Brokers & agents paid · 20242
ROSS & YERGER INSURANCE INC$3,323 · incl $319 fees
UMR, INC$1,125 · incl $1,125 fees
Also brokered by Ross & Yerger Insurance Inc5
Horne LLP MS$115,051
Renasant Bank MS$93,480

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 640560393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.