Plan Ledger DOL Form 5500 · updated monthly

Gateway Supply Co Incbenefits

Gateway Supply Company, Inc. Single Health Employer Plan · COLUMBIA, SC · plan year 2023

Broker compensation reported · 2023
$113,184

Gateway Supply Co Inc's benefits plan covered 183 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $2,051,156. Insurance brokers and agents were paid $113,184 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $618 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20239
NATIONWIDE · health stop-loss$2.1M · 183 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 143 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 104 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 18 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 152 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 26 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 96 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 264 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dentalpremiums n/a · 181 covered
Brokers & agents paid · 20233
GIBSON & ASSOCIATES INC$109,394 · incl $94,599 fees
PATRIOT GROWTH INSURANCE SVCS LLC$700 · incl $700 fees
PATRIOT GROWTH INSURANCE SERVICES L$3,090 · incl $3,090 fees
Also brokered by Gibson & Associates Inc3

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 570445511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.