Plan Ledger DOL Form 5500 · updated monthly

Arborgen, Inc.benefits

Arborgen, Inc. Employee Benefit Plan · RIDGEVILLE, SC · plan year 2024

Broker compensation reported · 2024
$147,327

Arborgen, Inc.'s benefits plans covered 102 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,895,698. Insurance brokers and agents were paid $147,327 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $1,444 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.4x the $27,262 reported for 2023.

Insurance contracts · 20243
BLUECHOICE HEALTH PLAN SOUTH CAROLINA · health$2.7M · 75 covered
STANDARD INSURANCE COMPANY · dental vision life ltd$191K · 102 covered
STANDARD INSURANCE COMPANYpremiums n/a · 31 covered
Brokers & agents paid · 20244
UNKNOWN$113,962
THE BENEFIT COMPANY, INC.$8,558 · incl $8,558 fees
Also brokered by Unknown5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582521259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.