Plan Ledger DOL Form 5500 · updated monthly

Atlantic Telephone Membership Corporationbenefits

Atlantic Telephone Membership Corporation Retiree Welfare Benefit Plan Trust · SHALLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$457,864

Atlantic Telephone Membership Corporation's benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $949,391. Insurance brokers and agents were paid $457,864 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.2% of premiums. That is $2,448 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 23% from $370,763 in 2023.

Insurance contracts · 20248
STANDARD INSURANCE COMPANY · dental$530K · 431 covered
STANDARD INSURANCE COMPANY · life$194K · 427 covered
STANDARD INSURANCE COMPANY · ltd$160K · 367 covered
STANDARD INSURANCE COMPANY · vision$65K · 431 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 841 covered
EXPRESS SCRIPTS, INC. · drugpremiums n/a · 49 covered
STANDARD INSURANCE COMPANYpremiums n/a · 100 covered
UNITED AMERICAN INSURANCE COMPANY · healthpremiums n/a · 49 covered
Brokers & agents paid · 20243
MCGRIFF INSURANCE SERVICES-SC$269,920 · incl $269,920 fees
THE BENEFIT COMPANY, INC.$29,262 · incl $29,262 fees
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208662055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.