Plan Ledger DOL Form 5500 · updated monthly

Grayson-Collin Electric Cooperative, Inc.benefits

Grayson-Collin Electric Cooperative, Inc. Employee Benefit Plan · VAN ALSTYNE, TX · plan year 2024

Broker compensation reported · 2024
$126,870

Grayson-Collin Electric Cooperative, Inc.'s benefits plans covered 169 active participants in 2024, providing health. Insurance brokers and agents were paid $126,870 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $751 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $112,313 in 2023.

Insurance contracts · 20242
HCC LIFE INSURANCE CO · stop-losspremiums n/a · 174 covered
UNITED OF OMAHA LIFE INSURACE COMPANY · life std ltdpremiums n/a · 172 covered
Brokers & agents paid · 20242
HOTCHKISS INSURANCE$121,033 · incl $20,434 fees
GI GEORGE PARENT LP$5,837 · incl $5,837 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 750300645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.