Plan Ledger DOL Form 5500 · updated monthly

Prince Manufacturing Corporationbenefits

Health Benefit Plan for Prince Manufacturing · LEXINGTON, SC · plan year 2024

Broker compensation reported · 2024
$80,322

Prince Manufacturing Corporation's benefits plans covered 89 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,669,374. Insurance brokers and agents were paid $80,322 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $902 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 8.7% from $88,010 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health drug ppo$1.6M · 92 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · dental$55K · 96 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 114 covered
Brokers & agents paid · 20242
MCGRIFF INSURANCE SERVICES INC$23,834 · incl $6,099 fees
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 510383085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.