Plan Ledger DOL Form 5500 · updated monthly

Plote Construction Inc.benefits

The Plote Companies Premium Conversion Plan · HOFFMAN ESTATES, IL · plan year 2024

Previously filed as Plote Construction, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$82,142

Plote Construction Inc.'s benefits plans covered 97 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $153,928. Insurance brokers and agents were paid $82,142 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 53.4% of premiums. That is $847 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $68,864 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · dental$95K · 103 covered
STANDARD INSURANCE COMPANY · life$27K · 129 covered
STANDARD INSURANCE COMPANY · vision$18K · 202 covered
STANDARD INSURANCE COMPANY · ltd$14K · 26 covered
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 203 covered
STANDARD INSURANCE COMPANYpremiums n/a · 19 covered
Brokers & agents paid · 20244
FIRST INSURANCE GROUP LLC$54,882 · incl $690 fees
WATCHTOWER TECHNOLOGIES INC$145 · incl $145 fees
Also brokered by First Insurance Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362814492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.