Plan Ledger DOL Form 5500 · updated monthly

Beckstrom Electric, Cobenefits

Beckstrom Electric Health Plan · PURCELLVILLE, VA · plan year 2024

Broker compensation reported · 2024
$2,600

Beckstrom Electric, Co's benefits plans covered 124 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $2,600 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $21 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 140% from $1,082 in 2023.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 124 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY, LLC$2,600 · incl $875 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541520353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.