Plan Ledger DOL Form 5500 · updated monthly

Montgomery'sbenefits

Principal Life Insurnace Plan · SIOUX FALLS, SD · plan year 2023

Broker compensation reported · 2023
$13,814

Montgomery's's benefits plan covered 115 active participants in 2023, providing life · dental · short-term disability. Insurance brokers and agents were paid $13,814 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $120 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20231
PRINCIPAL LIFE INSURNACE COMPANY · dental life std ppopremiums n/a · 159 covered
Brokers & agents paid · 20232
BOEN & ASSOCIATES INC.$7,385
GIS BENEFITS INC.$6,429 · incl $1,203 fees
Also brokered by Boen & Associates Inc.3

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 460399263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.