Plan Ledger DOL Form 5500 · updated monthly

Progressive Technologies Incbenefits

Progressive Technologies Inc Welfare Benefit Plan · MEMPHIS, TN · plan year 2024

Broker compensation reported · 2024
$52,535

Progressive Technologies Inc's benefits plans covered 269 active participants in 2024, providing health · life · long-term disability · other · dental · vision. Insurance premiums totaled $810,265. Insurance brokers and agents were paid $52,535 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $195 per covered person, above the median for employer plans that report broker pay. Brokers were paid 7.1x the $7,387 reported for 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD · health$810K · 155 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 269 covered
THE LINCOLN NANTIONAL LIFE INSURNACE COMPANY · ltdpremiums n/a · 269 covered
Brokers & agents paid · 20241
JAS D COLLIER AND COMPANY$52,535 · incl $1,265 fees
Also brokered by Jas D Collier and Company5
Radians Inc TN$65,666

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621255401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.