Plan Ledger DOL Form 5500 · updated monthly

Jeff Martin Auctioneers Inc.benefits

Jeff Martin Auctioneers, Inc. · BROOKLYN, MS · plan year 2025

Broker compensation reported · 2025
$38,037

Jeff Martin Auctioneers Inc.'s benefits plans covered 131 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $426,426. Insurance brokers and agents were paid $38,037 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $290 per covered person, above the median for employer plans that report broker pay. Broker pay fell 41% from $64,683 in 2024.

Insurance contracts · 20252
BLUE CROSS & BLUE SHIELD OF MISSISSIPPI, A MUTUAL INSURANCE COMPANY · health drug$426K · 110 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 111 covered
Brokers & agents paid · 20252
THOMAS G MONTGOMERY$20,675
OPTIBEN OF MISSISSIPPI LLC$17,362 · incl $3,111 fees
Also brokered by Thomas G Montgomery1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 271295610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.