Plan Ledger DOL Form 5500 · updated monthly

Design Electric, Inc.benefits

Design Electric, Inc. Health and Welfare Plan · CHARLOTTESVILLE, VA · plan year 2024

Broker compensation reported · 2024
$24,983

Design Electric, Inc.'s benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other · death benefits. Insurance brokers and agents were paid $24,983 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $238 per covered person, above the median for employer plans that report broker pay. Broker pay fell 28% from $34,463 in 2023.

Insurance contracts · 20246
RENAISSANCE LIFE & HEALTH INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 109 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 52 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 14 covered
SENTARA BEHAVIORAL HEALTH SERVICES INCpremiums n/a · 126 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 58 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 30 covered
Brokers & agents paid · 20244
LD&B INSURANCE$21,487
LAYMAN DIENER & BORNTRAGER INS$2,289 · incl $179 fees
JAMES R. NELLIGAN & ASSOCIATES, LLC$1,054 · incl $1,054 fees
NATIONAL BENEFIT CENTER$153 · incl $153 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541232883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.