Plan Ledger DOL Form 5500 · updated monthly

Business Communications Incbenefits

Business Communications Inc Welfare Benefit Plan · RIDGELAND, MS · plan year 2024

Broker compensation reported · 2024
$76,123

Business Communications Inc's benefits plans covered 128 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $940,505. Insurance brokers and agents were paid $76,123 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $595 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.8% from $69,954 in 2023.

Insurance contracts · 20246
BLUE CROSS AND BLUE SHIELD OF MISSISSIPPI · health$941K · 227 covered
THE GUARDIAN LIFE INSURANCE COMPAY OF AMERICA · dental visionpremiums n/a · 107 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 128 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 127 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 128 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 46 covered
Brokers & agents paid · 20241
ROSS AND YERGER INSURANCE INC$76,123 · incl $5,476 fees
Also brokered by Ross and Yerger Insurance Inc5
Veriforce, LLC LA$143,841

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 640837886 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.