Plan Ledger DOL Form 5500 · updated monthly

Hegg Companies, Inc.benefits

Hegg Companies Group Life Insurance Plan · SIOUX FALLS, SD · plan year 2024

Broker compensation reported · 2024
$2,200

Hegg Companies, Inc.'s benefits plans covered 130 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $2,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 60% from $1,374 in 2023.

Insurance contracts · 20241
STANDARD INSURANCE COMPANY · lifepremiums n/a · 130 covered
Brokers & agents paid · 20242
ARMBRUSTER EXECUTIVE & EMPLOYEE BEN$1,422

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460406130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.