Plan Ledger DOL Form 5500 · updated monthly

Hadco Constructionbenefits

Hadco Construction · LEHI, UT · plan year 2025

Broker compensation reported · 2025
$87,494

Hadco Construction's benefits plans covered 597 active participants in 2025, providing life · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $87,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $147 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $68,532 in 2024.

Insurance contracts · 20252
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 597 covered
PRINCIPAL LIFE INSURANCE COMPANY · visionpremiums n/a · 622 covered
Brokers & agents paid · 20253
GBS BENEFITS INC$86,188 · incl $16,193 fees
LEAVITT GROUP INSURANCE ADVISORS$1,156 · incl $1,156 fees
LEAVITT GROUP$150 · incl $150 fees
Also brokered by Gbs Benefits Inc5
Bamboo HR, LLC UT$273,419
Woodgrain Inc. ID$193,829

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 201920952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.