Plan Ledger DOL Form 5500 · updated monthly

Overhead Door Corporationbenefits

Overhead Door Corporation Welfare Benefit Plan · LEWISVILLE, TX · plan year 2024

Broker compensation reported · 2024
$350,576

Overhead Door Corporation's benefits plans covered 3,501 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $32,096,339. Insurance brokers and agents were paid $350,576 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay rose 95% from $180,016 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF TEXAS · health drug stop-loss$32.1M · 4,714 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,653 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 3,501 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 3,528 covered
Brokers & agents paid · 20244
HOLMES MURPHY AND ASSOCIATES$211,962 · incl $94,626 fees
LOCKTON COMPANIES, LLC$102,273 · incl $14,473 fees
AVANT SPECIALTY BENEFITS$18,330 · incl $18,330 fees
LOCKTON SPECIALTIES, LLC$18,011 · incl $18,011 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350564120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.