Plan Ledger DOL Form 5500 · updated monthly

Hassell and Hughes Lumber Companybenefits

Hassell and Hughes Flexible Benefit Plan · COLLINWOOD, TN · plan year 2024

Broker compensation reported · 2024
$55,254

Hassell and Hughes Lumber Company's benefits plans covered 93 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $49,441. Insurance brokers and agents were paid $55,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 111.8% of premiums. That is $594 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.7x the $11,840 reported for 2023.

Insurance contracts · 20243
STANDARD INSURANCE COMPANY · life std ltd$49K · 110 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 113 covered
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · dental visionpremiums n/a · 99 covered
Brokers & agents paid · 20243
ASSUREDPARTNERS$46,344 · incl $38,082 fees
MICHAEL B. JAMES$7,139
DIGITAL INSURANCE, LLC$1,771 · incl $662 fees
Also brokered by Assuredpartners5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620228798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.