Plan Ledger DOL Form 5500 · updated monthly

Forsgren, Inc.benefits

Forsgren, Inc. Health and Welfare Benefits Plan · FORT SMITH, AR · plan year 2024

Broker compensation reported · 2024
$44,325

Forsgren, Inc.'s benefits plans covered 107 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,457,729. Insurance brokers and agents were paid $44,325 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $414 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $36,524 in 2023.

Insurance contracts · 20246
ARKANSAS BLUE CROSS AND BLUE SHIELD · health drug ppo$1.4M · 175 covered
ARKANSAS BLUE CROSS AND BLUE SHIELD · dental$52K · 176 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 235 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 105 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 46 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 30 covered
Brokers & agents paid · 20243
BHC INSURANCE$33,354 · incl $28,106 fees
BHC NEXT LLC DBA BHC INSURANCE$1,261
BHC NEXT, LLC$9,710 · incl $2,747 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 710272161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.