Plan Ledger DOL Form 5500 · updated monthly

Key West Boatsbenefits

Key West Boats Employee Benefit Plan · RIDGEVILLE, SC · plan year 2024

Broker compensation reported · 2024
$146,355

Key West Boats's benefits plans covered 436 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,079,265. Insurance brokers and agents were paid $146,355 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $336 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.2% from $137,807 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF SOUTH CAROLINA · health drug ppo$2.1M · 266 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 436 covered
Brokers & agents paid · 20243
J. SAM PLEXICO & ASSOCIATES$83,288
SOUTHEASTERN INSURANCE CONSULTANTS$43,758
Also brokered by J. Sam Plexico & Associates1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570857357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.