Plan Ledger DOL Form 5500 · updated monthly

Gulf Coast Electric Cooperative, Inc.benefits

Gulf Coast Electric Cooperative, Inc. Health and Welfare Plan · WEWAHITCHKA, FL · plan year 2025

Broker compensation reported · 2025
$45,448

Gulf Coast Electric Cooperative, Inc.'s benefits plans covered 132 active participants in 2025, providing health · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $45,448 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $344 per covered person, above the median for employer plans that report broker pay. Broker pay fell 19% from $55,821 in 2024.

Insurance contracts · 20253
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 321 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 114 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 114 covered
Brokers & agents paid · 20254
GIS BENEFITS, INC.$16,022 · incl $16,022 fees
BOON CHAPMAN BNFT ADMNSTRS, INC.$3,458 · incl $3,458 fees
Also brokered by Gis Benefits, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 590543772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.