Plan Ledger DOL Form 5500 · updated monthly

H. O. Weaver and Sons, Inc.benefits

H. O. Weaver & Sons, Inc. Health and Welfare Plan · MOBILE, AL · plan year 2024

Broker compensation reported · 2024
$7,625

H. O. Weaver and Sons, Inc.'s benefits plans covered 185 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $1,459,788. Insurance brokers and agents were paid $7,625 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 26% from $10,270 in 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ALABAMA · health drug ppo$1.5M · 221 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 185 covered
Brokers & agents paid · 20242
ALLIANCE INSURANCE GROUP LLC$6,770 · incl $599 fees
PATRIOT GROWTH INSURANCE SERVICES,$855
Also brokered by Alliance Insurance Group LLC3
Lotus HR, Inc AL$33,547

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630567634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.