Ferrell Companies, Incbenefits
Ferrell Companies, Inc. Employee Welfare Benefits Plan · LIBERTY, MO · plan year 2023
Broker compensation reported · 2023
$237,271
Ferrell Companies, Inc's benefits plan covered 4,644 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $433,541. Insurance brokers and agents were paid $237,271 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.7% of premiums. That is $51 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20232
STANDARD INSURANCE COMPANY · vision$434K · 2,731 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · life std ltdpremiums n/a · 4,644 covered
Brokers & agents paid · 20231
PARADIGM CONSULTING INC$237,271
Also brokered by Paradigm Consulting Inc2
Ferrell Companies, Inc MO$237,271
Harrison Steel Castings Co. IN$1,817
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 731285864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.