Levi, Ray & Shoup, Inc.benefits
Levi, Ray & Shoup, Inc. Group Health Plan · SPRINGFIELD, IL · plan year 2024
Broker compensation reported · 2024
$131,247
Levi, Ray & Shoup, Inc.'s benefits plans covered 1,087 active participants in 2024, providing health · dental. Insurance premiums totaled $9,552,345. Insurance brokers and agents were paid $131,247 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.4% of premiums. That is $121 per covered person, below the median for employer plans that report broker pay. Broker pay fell 35% from $200,737 in 2023.
Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF ILLINOIS · health drug dental$9.6M · 1,087 covered
BLUE CROSS BLUE SHIELD OF ILLINOIS · visionpremiums n/a · 282 covered
DEARBORN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 619 covered
Brokers & agents paid · 20242
R.W. GARRETT AGENCY, INC.$115,153 · incl $3,735 fees
GROUP MARKETING SERVICES, INC.$16,094
Also brokered by R.W. Garrett Agency, Inc.1
Headco Industries, Inc. IL$40,817
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371073724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.