Plan Ledger DOL Form 5500 · updated monthly

Sanderson Pipe Corporationbenefits

Sanderson Pipe Corporation · SANDERSON, FL · plan year 2024

Broker compensation reported · 2024
$119,309

Sanderson Pipe Corporation's benefits plans covered 315 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,745,283. Insurance brokers and agents were paid $119,309 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $379 per covered person, above the median for employer plans that report broker pay. Broker pay fell 11% from $134,050 in 2023.

Insurance contracts · 20247
BLUE CROSS BLUE SHIELD OF FLORIDA · health$2.5M · 148 covered
STANDARD INSURANCE COMPANY · life$83K · 314 covered
STANDARD INSURANCE COMPANY · std$77K · 315 covered
STANDARD INSURANCE COMPANY · ltd$73K · 315 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 215 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 186 covered
SYMETRA LIFE INSURANCE COMPANYpremiums n/a · 106 covered
Brokers & agents paid · 20243
WINGATE INSURANCE GROUP, INC$79,572
WINGATE INSURANCE GROUP, INC.$29,542 · incl $3,472 fees
WINGATE INSURANCE GROUP$10,195 · incl $1,851 fees
Also brokered by Wingate Insurance Group, Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760580663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.