Plan Ledger DOL Form 5500 · updated monthly

Lsb Industries, Inc.benefits

Lsb Industries, Inc. Employee Benefits Wrap Plan · OKLAHOMA CITY, OK · plan year 2024

Broker compensation reported · 2024
$155,101

Lsb Industries, Inc.'s benefits plans covered 791 active participants in 2024, providing health · dental · vision · short-term disability · life · long-term disability. Insurance premiums totaled $683,785. Insurance brokers and agents were paid $155,101 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.7% of premiums. That is $196 per covered person, above the median for employer plans that report broker pay. Broker pay rose 84% from $84,395 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$339K · 580 covered
STANDARD INSURANCE COMPANY · std$221K · 791 covered
STANDARD INSURANCE COMPANY · ltd$124K · 580 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 505 covered
VISION SERVICE PLAN · visionpremiums n/a · 473 covered
STANDARD INSURANCE COMPANYpremiums n/a · 310 covered
Brokers & agents paid · 20242
HAYS COMPANIES, INC.$110,101 · incl $26,627 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 731015226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.