Plan Ledger DOL Form 5500 · updated monthly

Landers Ford Incbenefits

Landers Ford Section 125 Benefit Plan · COLLIERVILLE, TN · plan year 2024

Broker compensation reported · 2024
$286,311

Landers Ford Inc's benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $682,147. Insurance brokers and agents were paid $286,311 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.0% of premiums. That is $1,229 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 10.0% from $260,393 in 2023.

Insurance contracts · 202410
GERBER LIFE INSURANCE COMPANY · health$180K · 215 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life$133K · 16 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental$112K · 26 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltd$76K · 127 covered
UNUM INSURANCE COMPANY$26K · 121 covered
UNUM INSURANCE COMPANY$25K · 108 covered
UNUM INSURANCE COMPANY$21K · 173 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · vision$18K · 222 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life$6K · 387 covered
Brokers & agents paid · 20246
LUCENT HEALTH SOLUTIONS LLC$70,122 · incl $70,122 fees
MULTIPLAN$35,591 · incl $35,591 fees
JAS D COLLIER & CO$118,658 · incl $51,138 fees
MEDWATCH LLC$32,305 · incl $32,305 fees
JAS D COLLIER AND COMPANY$20,220 · incl $3,468 fees
INNOVU LLC$9,415 · incl $9,415 fees
Also brokered by Lucent Health Solutions LLC2
Optus, Inc. AR$17,256

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621786911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.