Plan Ledger DOL Form 5500 · updated monthly

Loanprobenefits

Loanpro Life and Disability Plan · FARMINGTON, UT · plan year 2024

Broker compensation reported · 2024
$9,222

Loanpro's benefits plans covered 125 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $9,222 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $74 per covered person, below the median for employer plans that report broker pay. Broker pay rose 35% from $6,831 in 2023.

Insurance contracts · 20241
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 125 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$9,222 · incl $1,011 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364832587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.