Gpchbenefits
Critical Access Healthcare Welfare Plan · BORGER, TX · plan year 2024
Broker compensation reported · 2024
$59,142
Gpch's benefits plans covered 387 active participants in 2024, providing dental · vision · short-term disability · life · long-term disability. Insurance premiums totaled $214,124. Insurance brokers and agents were paid $59,142 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 27.6% of premiums. That is $153 per covered person, below the median for employer plans that report broker pay. Broker pay fell 5.3% from $62,481 in 2023.
Insurance contracts · 20245
STANDARD INSURANCE COMPANY · life$105K · 283 covered
STANDARD INSURANCE COMPANY · std$65K · 154 covered
STANDARD INSURANCE COMPANY · ltd$44K · 151 covered
PRINCIPAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 387 covered
PRINCIPAL LIFE INSURANCE COMPANY · visionpremiums n/a · 387 covered
Brokers & agents paid · 20241
UPSHAW INSURANCE AGENCY, INC$59,142
Also brokered by Upshaw Insurance Agency, Inc1
Epic Hospice Care LLC TX$24,999
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260328929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.