Plan Ledger DOL Form 5500 · updated monthly

Payne Auto Groupbenefits

Payne Auto Group · WESLACO, TX · plan year 2024

Broker compensation reported · 2024
$226,602

Payne Auto Group's benefits plans covered 713 active participants in 2024, providing health · life · dental · death benefits. Insurance brokers and agents were paid $226,602 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $318 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.3% from $211,094 in 2023.

Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 621 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental lifepremiums n/a · 1,055 covered
Brokers & agents paid · 20243
DIVERSIFIED EMPLOYEE BENEFIT$115,547 · incl $103,549 fees
KAREN GERI$55,639
KAREN LEE GERI$55,416 · incl $49,770 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742599872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.