Plan Ledger DOL Form 5500 · updated monthly

Gibson Sales, LPbenefits

Gibson Sales Wrap Plan · LONGVIEW, TX · plan year 2024

Broker compensation reported · 2024
$81,738

Gibson Sales, LP's benefits plans covered 207 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $104,800. Insurance brokers and agents were paid $81,738 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 78.0% of premiums. That is $395 per covered person, above the median for employer plans that report broker pay. Broker pay rose 47% from $55,707 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$47K · 78 covered
STANDARD INSURANCE COMPANY · ltd$33K · 217 covered
STANDARD INSURANCE COMPANY · std$25K · 74 covered
HEALTH CARE SERVICE CORPORATION · health dentalpremiums n/a · 183 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 169 covered
STANDARD INSURANCE COMPANYpremiums n/a · 68 covered
Brokers & agents paid · 20241
HIGGINBOTHAM INSURANCE AGENCY$81,738 · incl $5,445 fees
Also brokered by Higginbotham Insurance Agency5
Nksfb, LLC CA$544,618
Destination Pet TX$437,586
Aoc Opco, LLC TX$385,292

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752913132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.