Plan Ledger DOL Form 5500 · updated monthly

Hermann Brothers Logging & Construction, Inc.benefits

Hermann Brothers Logging & Construction Group Benefits Plan · PORT ANGELES, WA · plan year 2024

Broker compensation reported · 2024
$2,361

Hermann Brothers Logging & Construction, Inc.'s benefits plans covered 102 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $2,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 90% from $1,244 in 2023.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 102 covered
Brokers & agents paid · 20241
PAYNEWEST INSURANCE$2,361 · incl $690 fees
Also brokered by Paynewest Insurance5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 910980517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.