Plan Ledger DOL Form 5500 · updated monthly

Broken Arrow Electric Supply, Inc.benefits

Broken Arrow Electric Supply, Inc. Welfare Benefits Plan · BROKEN ARROW, OK · plan year 2024

Broker compensation reported · 2024
$26,181

Broken Arrow Electric Supply, Inc.'s benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $125,684. Insurance brokers and agents were paid $26,181 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.8% of premiums. That is $152 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $20,743 in 2023.

Insurance contracts · 20246
DELTA DENTAL · dental$123K · 125 covered
DELTA DENTAL · dental$3K · 4 covered
PRINCIPAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 172 covered
BLUE CROSS BLUE SHIELD OF OKLAHOMA · health dentalpremiums n/a · 10 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 218 covered
COMMUNITY CAREpremiums n/a · 121 covered
Brokers & agents paid · 20243
INSZONE INSURANCE SERVICES LLC$10,109 · incl $1,146 fees
DEREK MITCHELL RADER$3,441
INSZONE INSURANCE SERVICES$12,631
Also brokered by Inszone Insurance Services LLC5
Fsnb, N.A. OK$9,898

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 731125804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.