Plan Ledger DOL Form 5500 · updated monthly

Brown Packing Co., Inc.benefits

Brown Packing Co., Inc. Employee Benefit Plan · GAFFNEY, SC · plan year 2024

Broker compensation reported · 2024
$307,522

Brown Packing Co., Inc.'s benefits plans covered 401 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance brokers and agents were paid $307,522 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $767 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 3.4% from $318,290 in 2023.

Insurance contracts · 20245
STANDARD INS CO - LIFE · lifepremiums n/a · 503 covered
STANDARD INS CO - DENTAL · dentalpremiums n/a · 327 covered
STANDARD INS CO - LONG TERM DISABILITY · ltdpremiums n/a · 52 covered
STANDARD INS CO - TEMPORARY DISABILITY · stdpremiums n/a · 363 covered
NATIONWIDE · stop-losspremiums n/a · 597 covered
Brokers & agents paid · 20242
PLANNED ADMINISTRATORS INC.$270,459 · incl $270,459 fees
SCOTT MACEWAN$37,063
Also brokered by Planned Administrators Inc.2
Sourcenow LLC FL$10,185

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570289483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.