Plan Ledger DOL Form 5500 · updated monthly

Parkhill, Smith & Cooper, Inc.benefits

Parkhill, Smith & Cooper, Inc. Employee Welfare Benefit Plan · LUBBOCK, TX · plan year 2024

Broker compensation reported · 2024
$159,536

Parkhill, Smith & Cooper, Inc.'s benefits plans covered 529 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $159,536 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $302 per covered person, above the median for employer plans that report broker pay. Broker pay fell 28% from $221,698 in 2023.

Insurance contracts · 20245
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 559 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 559 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 267 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · visionpremiums n/a · 462 covered
RXBENEFITS, INC · drugpremiums n/a · 447 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY$67,994 · incl $6,181 fees
MARSH & MCLENNAN AGENCY LLC$91,542 · incl $10,365 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 751156936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.