Plan Ledger DOL Form 5500 · updated monthly

Preferred Industrial Contractors, Inc.benefits

Preferred Industrial Contractors Health and Welfare Benefits Plan · BAYTOWN, TX · plan year 2024

Broker compensation reported · 2024
$44,932

Preferred Industrial Contractors, Inc.'s benefits plans covered 109 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $44,932 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $412 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.8x the $7,765 reported for 2023.

Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 189 covered
UNITEDHEALTHCARE INSURANCE COMPANY · lifepremiums n/a · 109 covered
Brokers & agents paid · 20242
THE BALDWIN GROUP SOUTHWEST LLC$39,911 · incl $35,591 fees
INSGROUP, INC.$5,021
Also brokered by The Baldwin Group Southwest LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 274195247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.