Plan Ledger DOL Form 5500 · updated monthly

Gibbs Wire & Steel Company LLCbenefits

Gibbs Wire & Steel Company LLC Welfare Benefit Plan · PLANTSVILLE, CT · plan year 2023

Broker compensation reported · 2023
$58,357

Gibbs Wire & Steel Company LLC's benefits plan covered 167 active participants in 2023, providing health · life · long-term disability. Insurance brokers and agents were paid $58,357 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $349 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20236
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 200 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 167 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 167 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 167 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 167 covered
Brokers & agents paid · 20234
SMITH BROTHERS INSURANCE LLC$45,883 · incl $41,774 fees
ACRISURE LLC$9,341 · incl $9,341 fees
EMERSON REID LLC$1,916 · incl $1,916 fees
SMITH BROTHERS INSURANCE$1,217
Also brokered by Smith Brothers Insurance LLC5
Argan, Inc. MD$151,291
Compass Msp, LLC CT$108,868

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 843284267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.