Fayez Sarofim & Co., LLC dba Fayez Sarofim & Co.benefits
Fayez Sarofim & Co. Welfare Benefit Plan · HOUSTON, TX · plan year 2024
Broker compensation reported · 2024
$141,040
Fayez Sarofim & Co., LLC dba Fayez Sarofim & Co.'s benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $141,040 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,356 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 0.9% from $139,769 in 2023.
Insurance contracts · 20246
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 108 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 136 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · lifepremiums n/a · 15 covered
NATIONAL VISION ADMINISTRATORS LLC · visionpremiums n/a · 307 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 388 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 106 covered
Brokers & agents paid · 20243
HIGGINBOTHAM INSURANCE AGENCY INC$109,391 · incl $86,698 fees
HIGGINBOTHAM INSURANCE AGENCY$30,168 · incl $2,380 fees
Also brokered by Higginbotham Insurance Agency Inc5
First Horizon Corporation TN$658,853
Renegade Group, LLC TX$339,514
Big Creek Construction, LTD. TX$189,012
Autobahn Imports, LP TX$145,617
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741312679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.