Plan Ledger DOL Form 5500 · updated monthly

Independent Insurance Agents & Brokers of South Carolina, Inc.benefits

Independent Insurance Agents & Brokers of South Carolina, Inc. Group Insurance Trust · COLUMBIA, SC · plan year 2024

Broker compensation reported · 2024
$342

Independent Insurance Agents & Brokers of South Carolina, Inc.'s benefits plans covered 112 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $1,135,688. Insurance brokers and agents were paid $342 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.0% of premiums. That is $3 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 2.4% from $334 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health$1.1M · 73 covered
COMPANION LIFE INSURANCE COMPANY · lifepremiums n/a · 112 covered
Brokers & agents paid · 20242
IIABSC AGENCY$211
BSBSSC$131

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 816928444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.