Plan Ledger DOL Form 5500 · updated monthly

J & L Building Materials, Inc.benefits

J & L Building Materials, Inc. Employee Benefit Plan · FRAZER, PA · plan year 2024

Broker compensation reported · 2024
$14,621

J & L Building Materials, Inc.'s benefits plans covered 169 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $122,248. Insurance brokers and agents were paid $14,621 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.0% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $12,961 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$51K · 169 covered
STANDARD INSURANCE COMPANY · std$42K · 169 covered
STANDARD INSURANCE COMPANY · ltd$29K · 97 covered
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a
SUN LIFE ASSURANCE COMPANY · stop-losspremiums n/a · 136 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 129 covered
Brokers & agents paid · 20242
CORPORATE SYNERGIES GROUP LLC$8,916 · incl $508 fees
CORPORATE SYNERGIES$5,705
Also brokered by Corporate Synergies Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231533088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.