Plan Ledger DOL Form 5500 · updated monthly

Adams Construction Companybenefits

Adams Construction Company Health and Welfare Plan · ROANOKE, VA · plan year 2024

Broker compensation reported · 2024
$65,096

Adams Construction Company's benefits plans covered 212 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $129,602. Insurance brokers and agents were paid $65,096 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 50.2% of premiums. That is $307 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.3% from $68,018 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF VIRGINIA · dental$130K · 473 covered
HUMANA INSURANCE COMPANY · visionpremiums n/a · 295 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 499 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$65,096 · incl $20,793 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541325812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.