Plan Ledger DOL Form 5500 · updated monthly

Beasley Forest Productsbenefits

Beasley Forest Products · HAZELHURST, GA · plan year 2024

Broker compensation reported · 2024
$144,814

Beasley Forest Products's benefits plans covered 1,045 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $654,940. Insurance brokers and agents were paid $144,814 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.1% of premiums. That is $139 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.5% from $150,009 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$417K · 1,045 covered
STANDARD INSURANCE COMPANY · std$171K · 1,235 covered
STANDARD INSURANCE COMPANY · ltd$67K · 227 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 612 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 581 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 379 covered
Brokers & agents paid · 20242
WINGATE INSURANCE GROUP, INC.$133,177 · incl $11,439 fees
WINGATE INSURANCE GROUP, INC$11,637 · incl $1,570 fees
Also brokered by Wingate Insurance Group, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582332843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.