Plan Ledger DOL Form 5500 · updated monthly

Beco Inc.benefits

Beco, Inc. Health and Welfare Benefits Plan · HIGH POINT, NC · plan year 2024

Broker compensation reported · 2024
$27,113

Beco Inc.'s benefits plans covered 119 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $27,113 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $228 per covered person, above the median for employer plans that report broker pay. Broker pay fell 63% from $72,657 in 2023.

Insurance contracts · 20243
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 122 covered
STANDARD INSURANCE COMPANYpremiums n/a · 39 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · visionpremiums n/a · 115 covered
Brokers & agents paid · 20247
MARSH AND MCLENNAN AGENCY, LLC$5,022 · incl $1,829 fees
THE BENEFIT COMPANY, INC$4,636 · incl $4,636 fees
THE BENEFIT COMPANY INC$3,325 · incl $860 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 560754223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.