Plan Ledger DOL Form 5500 · updated monthly

Maddox Industrial Transformerbenefits

Maddox Industrial Transformer Welfare Benefit Plan · GREER, SC · plan year 2023

Broker compensation reported · 2023
$37,301

Maddox Industrial Transformer's benefits plan covered 208 active participants in 2023, providing life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $37,301 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $179 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20231
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 386 covered
Brokers & agents paid · 20232
MCGRIFF INSURANCE SERVICES INC$27,681 · incl $1,301 fees
THE CASON GROUP, INC.$9,620 · incl $9,620 fees
Also brokered by McGriff5
Peco Foods, Inc. AL$1,397,496

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 473134140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.