Plan Ledger DOL Form 5500 · updated monthly

Massey Construction, Inc.benefits

Massey Construction, Inc. Cafeteria Plan · ALCOA, TN · plan year 2024

Broker compensation reported · 2024
$57,412

Massey Construction, Inc.'s benefits plans covered 225 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $118,595. Insurance brokers and agents were paid $57,412 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.4% of premiums. That is $255 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $46,695 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF TENNESSEE · dental$119K · 432 covered
GUARDIAN · vision life std ltdpremiums n/a · 293 covered
TOKIO MARINE · stop-losspremiums n/a · 215 covered
Brokers & agents paid · 20242
JAMES A. SCOTT & SON, INC.$49,110 · incl $7,286 fees
SCOTT INSURANCE$8,302
Also brokered by James a. Scott & Son, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620803203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.