Plan Ledger DOL Form 5500 · updated monthly

Carter Machinery Company, Inc.benefits

Carter Machinery Company, Inc. Health and Welfare Plan · SALEM, VA · plan year 2025

Broker compensation reported · 2025
$297,942

Carter Machinery Company, Inc.'s benefits plans covered 3,270 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $297,942 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $91 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.3% from $311,330 in 2024.

Insurance contracts · 20253
ANTHEM HEALTH PLANS OF VIRGINIA, INC. · visionpremiums n/a · 10,328 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 3,270 covered
PEAK HEALTH SERVICES, LLCpremiums n/a
Brokers & agents paid · 20253
MCGRIFF INSURANCE SERVICES, LLC.$242,598 · incl $40,140 fees
MCGRIFF INSURANCE SERVICES LLC$6,561 · incl $2,188 fees
Also brokered by McGriff5
Erlanger Health TN$727,940
Tirehub LLC GA$489,956

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 371170559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.