Plan Ledger DOL Form 5500 · updated monthly

Lummi Indian Business Councilbenefits

Libc Group Plan · BELLINGHAM, WA · plan year 2024

Broker compensation reported · 2024
$65,208

Lummi Indian Business Council's benefits plans covered 1,208 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $65,208 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $54 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 154% from $25,693 in 2023.

Insurance contracts · 20242
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,208 covered
SYMETRA LIFE INSURANCE COMPANYpremiums n/a · 1,015 covered
Brokers & agents paid · 20242
PARKER SMITH & FEEK INC.$43,099 · incl $28,103 fees
ALLIANT SPECIALTY INSURANCE$22,109 · incl $22,109 fees
Also brokered by Parker Smith & Feek Inc.5
Ro Health, Inc. WA$178,345
Echodyne Corp WA$116,299

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 911004074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.