Plan Ledger DOL Form 5500 · updated monthly

Ford Construction Companybenefits

Ford Construction and Affiliated Companies Welfare Benefit Plan · DYERSBURG, TN · plan year 2024

Broker compensation reported · 2024
$58,098

Ford Construction Company's benefits plans covered 113 active participants in 2024, providing health · life · dental · long-term disability · vision · short-term disability. Insurance brokers and agents were paid $58,098 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $514 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 2.2% from $59,393 in 2023.

Insurance contracts · 20243
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 110 covered
BLUE CROSS BLUE SHIELD OF TENNESSEE · dental visionpremiums n/a · 192 covered
CIGNA · health drugpremiums n/a · 245 covered
Brokers & agents paid · 20243
LIPSCOMB & PITTS INSURANCE LLC$15,069
RUSSELL CHAMBERS$7,853
Also brokered by Higginbotham Insurance Agency5
Nksfb, LLC CA$544,618
Destination Pet TX$437,586
Aoc Opco, LLC TX$385,292

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620537961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.