Plan Ledger DOL Form 5500 · updated monthly

Bush Brothers & Companybenefits

Bush Brothers & Company Employee Benefit Plan · KNOXVILLE, TN · plan year 2024

Broker compensation reported · 2024
$271,101

Bush Brothers & Company's benefits plans covered 720 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $452,153. Insurance brokers and agents were paid $271,101 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.0% of premiums. That is $377 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $221,436 in 2023.

Insurance contracts · 20248
HUMANA DENTAL INSURANCE COMPANY · dental$452K · 557 covered
EYEMED VISION CARE · visionpremiums n/a · 571 covered
NEW YORK LIFE (LIFE INSURANCE COMPANY OF NORTH AMERICA)premiums n/a · 711 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 720 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 646 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 479 covered
EYEMED VISION CARE · visionpremiums n/a · 1 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stop-losspremiums n/a · 721 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$102,861 · incl $27,212 fees
WILLIS TOWERS WATSON MIDWEST$16,453 · incl $16,453 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620145910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.