Plan Ledger DOL Form 5500 · updated monthly

Melton Electric Co., Inc.benefits

Melton Electric Health & Welfare Plan · MYRTLE BEACH, SC · plan year 2025

Broker compensation reported · 2025
$57,056

Melton Electric Co., Inc.'s benefits plans covered 215 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $57,056 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $265 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $47,270 in 2024.

Insurance contracts · 20253
UNITEDHEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 252 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 209 covered
AMERICAN PUBLIC LIFE INSURANCE COMPANYpremiums n/a · 193 covered
Brokers & agents paid · 20251
SOUTHEAST INSURANCE GROUP INC$57,056 · incl $238 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 570707042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.