Plan Ledger DOL Form 5500 · updated monthly

Cummins Construction Co., Inc.benefits

Cummins Construction Co., Inc. Welfare Benefit Pla · ENID, OK · plan year 2024

Broker compensation reported · 2024
$107,778

Cummins Construction Co., Inc.'s benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $128,822. Insurance brokers and agents were paid $107,778 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 83.7% of premiums. That is $770 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.5% from $102,126 in 2023.

Insurance contracts · 20244
DELTA DENTAL · dental$129K · 137 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 146 covered
VISION SERVICE PLAN · visionpremiums n/a · 137 covered
BLUE CROSS BLUE SHIELD OF OKLAHOMA · health stop-losspremiums n/a · 261 covered
Brokers & agents paid · 20243
SUMMIT FINANCIAL GROUP INC$39,969 · incl $6,840 fees
INSERVICES, LLC$67,778 · incl $4,920 fees
IMG$31 · incl $31 fees
Also brokered by Summit Financial Group Inc5
Abel HR, Inc. NJ$221,314

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 730626847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.