Plan Ledger DOL Form 5500 · updated monthly

Palmetto Synthetics, LLCbenefits

Group Insurance Plan for Employees of Palmetto Synthetics, LLC · KINGSTREE, SC · plan year 2025

Broker compensation reported · 2025
$99,652

Palmetto Synthetics, LLC's benefits plans covered 112 active participants in 2025, providing health. Insurance premiums totaled $890,349. Insurance brokers and agents were paid $99,652 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.2% of premiums. That is $890 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 28% from $77,634 in 2024.

Insurance contracts · 20252
NATIONAL HEALTH INSURANCE COMPANY · health drug stop-loss ppo$724K · 95 covered
GUARDIAN LIFE · dental vision life std ltd$166K · 112 covered
Brokers & agents paid · 20254
GIBSON & ASSOC. INC.$44,762 · incl $44,762 fees
GIBSON & ASSOCIATES, INC.$28,634 · incl $28,634 fees
BROKERS HOLDING GROUP, LLC$16,783 · incl $16,783 fees
JAMES R. NELLIGAN & ASSOCIATES$9,473 · incl $9,473 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 621731448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.