Plan Ledger DOL Form 5500 · updated monthly

Choctawhatchee Electric Cooperative, Inc. dba Chelcobenefits

Chelco Disability Plan · DEFUNIAK SPRINGS, FL · plan year 2025

Broker compensation reported · 2025
$58,681

Choctawhatchee Electric Cooperative, Inc. dba Chelco's benefits plans covered 183 active participants in 2025, providing long-term disability · short-term disability. Insurance brokers and agents were paid $58,681 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $321 per covered person, above the median for employer plans that report broker pay. Broker pay rose 44% from $40,650 in 2024.

Insurance contracts · 20252
GUARDIAN · std ltdpremiums n/a · 179 covered
GUARDIAN · dental visionpremiums n/a · 157 covered
Brokers & agents paid · 20252
DIGITAL INSURANCE LLC$44,957 · incl $10,302 fees
Also brokered by Digital Insurance LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 590192831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.