Plan Ledger DOL Form 5500 · updated monthly

Prewett Enterprises, Inc.benefits

Prewett Enterprises, Inc dba B&P Enterprises Welfare Benefit Plan · WALLS, MS · plan year 2024

Broker compensation reported · 2024
$131,136

Prewett Enterprises, Inc.'s benefits plans covered 177 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,148,342. Insurance brokers and agents were paid $131,136 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.4% of premiums. That is $741 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 50% from $87,685 in 2023.

Insurance contracts · 20242
BLUE CROSS & BLUE SHEILD OF MISSISSIPPI · health dental$1.1M · 338 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dental vision life stdpremiums n/a · 185 covered
Brokers & agents paid · 20242
JAMES WRIGHT$79,791
HIGGINBOTHAM INSURANCE AGENCY$51,345 · incl $11,703 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621009312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.