Plan Ledger DOL Form 5500 · updated monthly

Montgomerysbenefits

Principal Life Insurnace Plan · SIOUX FALLS, SD · plan year 2024

Broker compensation reported · 2024
$15,655

Montgomerys's benefits plan covered 107 active participants in 2024, providing life · dental · vision · short-term disability. Insurance brokers and agents were paid $15,655 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $146 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20241
PRINCIPAL LIFE INSURNACE COMPANY · dental life std ppopremiums n/a · 152 covered
Brokers & agents paid · 20242
BOEN & ASSOCIATES INC.$9,363 · incl $1,681 fees
GIS BENEFITS INC.$6,292 · incl $6,292 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460399263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.