Plan Ledger DOL Form 5500 · updated monthly

Long-Lewis of the Shoals, Inc.benefits

Long-Lewis of the Shoals, Inc. Health and Welfare Plan · FLORENCE, AL · plan year 2024

Broker compensation reported · 2024
$353,192

Long-Lewis of the Shoals, Inc.'s benefits plans covered 817 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,554,658. Insurance brokers and agents were paid $353,192 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.9% of premiums. That is $432 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $312,051 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$3.6M · 746 covered
ACE AMERICAN INSURANCE · healthpremiums n/a · 408 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 526 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 825 covered
Brokers & agents paid · 20249
VALENT GROUP$90,848
IMA, INC.$90,007 · incl $2,830 fees
LAKESHORE BENEFIT ALLIANCE, LLC$41,920
COVENANT ADMINISTRATORS, LLC$41,920 · incl $41,920 fees
SURETY MARKETING & CONSULTING$34,944 · incl $34,944 fees
VALENT GROUP, LLC$31,091
RECURO HEALTH, INC.$10,318
LBA SERVICE, LLC$6,985
BENEFITS FOR EVERYONE$5,159
Also brokered by Valent Group5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 631171028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.