Plan Ledger DOL Form 5500 · updated monthly

Jensen Builders LTDbenefits

Jensen Builders Welfare Benefit Plan · FORT DODGE, IA · plan year 2024

Broker compensation reported · 2024
$45,353

Jensen Builders LTD's benefits plans covered 121 active participants in 2024, providing dental · health · vision · life · short-term disability. Insurance premiums totaled $178,211. Insurance brokers and agents were paid $45,353 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.4% of premiums. That is $375 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.2% from $47,327 in 2023.

Insurance contracts · 20245
STANDARD INSURANCE COMPANY · dental$86K · 110 covered
STANDARD INSURANCE COMPANY · life$40K · 39 covered
AVESIS · vision$27K · 87 covered
STANDARD INSURANCE COMPANY · std$26K · 76 covered
WELLMARK BLUE CROSS BLUE SHIELD OF IOWA · health drugpremiums n/a · 121 covered
Brokers & agents paid · 20242
HOLMES MURPHY AND ASSOCIATES LLC$45,082 · incl $3,594 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421204299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.