Plan Ledger DOL Form 5500 · updated monthly

Blanchard Machinery Companybenefits

Blanchard Machinery Company Welfare Benefits Plan · WEST COLUMBIA, SC · plan year 2024

Broker compensation reported · 2024
$85,389

Blanchard Machinery Company's benefits plans covered 766 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $85,389 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 10% from $77,477 in 2023.

Insurance contracts · 20243
VISION SERVICE PLAN · visionpremiums n/a · 477 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 766 covered
UNUM INSURANCE COMPANYpremiums n/a · 313 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$85,389 · incl $19,445 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 590681683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.