Plan Ledger DOL Form 5500 · updated monthly

G.G. Schmitt & Sons, Inc.benefits

G.G. Schmitt & Sons, Inc. Benefits Plan · SARASOTA, FL · plan year 2024

Broker compensation reported · 2024
$18,014

G.G. Schmitt & Sons, Inc.'s benefits plans covered 84 active participants in 2024, providing health · life · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $18,014 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $214 per covered person, above the median for employer plans that report broker pay. Broker pay fell 13% from $20,616 in 2023.

Insurance contracts · 20241
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 84 covered
Brokers & agents paid · 20242
THE BALDWIN GROUP SOUTHEAST, LLC$17,995 · incl $4,848 fees
PEACHTREE PLANNING OF GEORGIA$19
Also brokered by The Baldwin Group Southeast, LLC5
Forward Air, LLC TN$228,238

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232166796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.