Plan Ledger DOL Form 5500 · updated monthly

Grigg Electric Co., Inc.benefits

Grigg Electric Co., Inc. Welfare Benefits Plan · ASHEVILLE, NC · plan year 2024

Broker compensation reported · 2024
$14,679

Grigg Electric Co., Inc.'s benefits plans covered 38 active participants in 2024, providing health · life · dental · vision · other · short-term disability. Insurance brokers and agents were paid $14,679 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $386 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.5% from $14,599 in 2023.

Insurance contracts · 20242
PRINCIPAL LIFE INSURANCE COMPANY · dental life std ppopremiums n/a · 46 covered
ALL SAVERS INSURANCE COMPANY · stop-losspremiums n/a · 26 covered
Brokers & agents paid · 20242
MAIN STREET FINANCIAL GROUP INC$9,536
MAIN STREET INSURANCE GROUP$5,143 · incl $123 fees
Also brokered by Main Street Financial Group Inc5
Buildz, LLC NC$39,552

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561677659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.