Plan Ledger DOL Form 5500 · updated monthly

General Engineering Company of Virginiabenefits

General Engineering Co of Va Employee Benefit Plan · ABINGDON, VA · plan year 2024

Broker compensation reported · 2024
$13,585

General Engineering Company of Virginia's benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $13,585 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay rose 1.5% from $13,386 in 2023.

Insurance contracts · 20242
BOSTON MUTUAL LIFE INSURANCE COMPANY · lifepremiums n/a · 107 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 185 covered
Brokers & agents paid · 20243
EMPLOYEE BENEFITS CONSULTANTS$11,672
THE BALDWIN GROUP MID - ATLANT$968
EMPLOYEE BENEFIT SUBJECT MATTE$945
Also brokered by Employee Benefits Consultants5
McCi, LLC FL$968

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540912795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.