Plan Ledger DOL Form 5500 · updated monthly

Galloway Ridge, Inc.benefits

Galloway Ridge, Inc. Welfare Benefits Plan · PITTSBORO, NC · plan year 2024

Broker compensation reported · 2024
$40,133

Galloway Ridge, Inc.'s benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $40,133 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $215 per covered person, above the median for employer plans that report broker pay. Broker pay fell 45% from $72,424 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · dental visionpremiums n/a · 318 covered
TELADOC HEALTH INC · healthpremiums n/a · 192 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 28 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 240 covered
Brokers & agents paid · 20244
MOSAIC GROUP SERVICES, LLC$10,606 · incl $10,606 fees
VARIOUS - SEE ATTACHED$2,459
MARSH & MCLENNAN AGENCY LLC$25,533 · incl $3,992 fees
WES S BARTLETT$1,535
Also brokered by Mosaic Group Services, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 562277623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.