Plan Ledger DOL Form 5500 · updated monthly

Gdm Seeds, Incbenefits

Gdm Seeds Life and Disability Plan · CHAMPAIGN, IL · plan year 2025

Broker compensation reported · 2025
$498,537

Gdm Seeds, Inc's benefits plans covered 280 active participants in 2025, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,861,197. Insurance brokers and agents were paid $498,537 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.4% of premiums. That is $1,780 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.7x the $134,148 reported for 2024.

Insurance contracts · 20254
ARKANSAS BLUE CROSS AND BLUE SHIELD · health drug$1.9M · 494 covered
ARKANSAS BLUE CROSS AND BLUE SHIELD · health drug$996K · 443 covered
EQUITABLE · dental vision life std ltdpremiums n/a · 265 covered
EQUITABLE · dental vision life std ltdpremiums n/a · 280 covered
Brokers & agents paid · 20254
UNKNOWN$375,640 · incl $260,640 fees
GALLAGHER BENEFIT SERVICES, INC.$78,520 · incl $10,322 fees
BOON-CHAPMAN BENEFIT ADMIN., INC.$19,040 · incl $19,040 fees
GIS BENEFITS INC.$25,337 · incl $3,050 fees
Also brokered by Unknown5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 208942851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.