Plan Ledger DOL Form 5500 · updated monthly

Cortec, LLCbenefits

Cortec, LLC Employee Benefits Plan · HOUMA, LA · plan year 2024

Broker compensation reported · 2024
$58,129

Cortec, LLC's benefits plans covered 199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $58,129 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $292 per covered person, above the median for employer plans that report broker pay. Brokers were paid 9.3x the $6,222 reported for 2023.

Insurance contracts · 20243
ZURICH AMERICAN INSURANCE COMPANY · stop-losspremiums n/a · 531 covered
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 462 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 220 covered
Brokers & agents paid · 20243
USI SOUTHWEST, INC.$38,801 · incl $766 fees
USI SOUTHWEST INC$18,746 · incl $1,654 fees
BROWN & BROWN INSURANCE SERVICES$582 · incl $582 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460504921 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.