Lynn's Inc C/O Rod Messmerbenefits
Lynns Inc Partial Self-Funded Health Plan · RAPID CITY, SD · plan year 2024
Broker compensation reported · 2024
$16,420
Lynn's Inc C/O Rod Messmer's benefits plans covered 138 active participants in 2024, providing health · dental · life · short-term disability. Insurance premiums totaled $99,806. Insurance brokers and agents were paid $16,420 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.5% of premiums. That is $119 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.0% from $16,591 in 2023.
Insurance contracts · 20245
STANDARD INSURANCE COMPANY (LIFE INS) · life$62K · 2,346 covered
STANDARD INSURANCE COMPANY (TEMP DISAB) · std$38K · 1,104 covered
WELLMARK BLUE CROSS AND BLUE SHIELD OF SOUTH DAKOTA-LYNN'S INC · health ppopremiums n/a · 92 covered
WELLMARK BLUE CROSS BLUE SHIELD OF SOUTH DAKOTA EAGLECAV LLC · health ppopremiums n/a · 46 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 168 covered
Brokers & agents paid · 20242
JAMES MCDONALD$14,963
JIM MCDONALD$1,457
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460311458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.