Plan Ledger DOL Form 5500 · updated monthly

Correct Electric, Inc.benefits

Correct Electric, Inc.'S Health & Welfare Benefit Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$26,129

Correct Electric, Inc.'s benefits plan covered 109 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $26,129 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $240 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF TEXAS · health dentalpremiums n/a · 92 covered
DEARBORN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 109 covered
Brokers & agents paid · 20242
THE BALDWIN GROUP SOUTHWEST LLC$24,123
EPSI BENEFITS, INC.$2,006 · incl $636 fees
Also brokered by The Baldwin Group Southwest LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760334293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.