Plan Ledger DOL Form 5500 · updated monthly

Building Products Inc.benefits

Building Products Inc. Employee Life Insurance Plan · WATERTOWN, SD · plan year 2024

Previously filed as Building Products, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$40,154

Building Products Inc.'s benefits plans covered 188 active participants in 2024, providing life · long-term disability · other. Insurance premiums totaled $1,519,408. Insurance brokers and agents were paid $40,154 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $214 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.5% from $38,812 in 2023.

Insurance contracts · 20246
WELLMARK BLUE CROSS BLUE SHIELD OF SOUTH DAKOTA · health drug ppo$1.5M · 129 covered
AFLAC · stdpremiums n/a · 68 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 205 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 199 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 199 covered
Brokers & agents paid · 202416
BOON CHAPMAN BENEFIT ADMINISTRATORS$17,431 · incl $3,175 fees
FREIMARK & ASSOCIATES, INC.$7,519
HEATHER BRAMER$3,027 · incl $240 fees
GIS BENEFITS INC$1,313 · incl $1,313 fees
GIS$1,206 · incl $1,206 fees
ALFSON INSURANCE LLC$263 · incl $16 fees
LUKE SMITH LLC$244 · incl $38 fees
ADMINISTRATORS, INC, BOON-CHAPMAN B$299 · incl $299 fees
AWS INC$134
THE TODD GROUP$70
NEFZEGER ENTERPRISES INC$57
SHON FORD LLC$5
REMLEY BENEFITS LLC$5
PERFORMANCE PLUS LLC$3
67 individual agents · names withheld$4,819

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Boon Chapman Benefit Administrators5
Indyne Inc MD$1,474,140
Constellis, LLC VA$426,548

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460250491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.