Plan Ledger DOL Form 5500 · updated monthly

Palmetto Air & Water Balance, Inc.benefits

Palmetto Air & Water Health and Welfare Plan · GREER, SC · plan year 2024

Broker compensation reported · 2024
$84,941

Palmetto Air & Water Balance, Inc.'s benefits plan covered 204 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,315,642. Insurance brokers and agents were paid $84,941 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $416 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health drug$1.3M · 186 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 204 covered
Brokers & agents paid · 20243
MARSH AND MCLENNAN AGENCY$32,704 · incl $8,018 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570963650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.