Plan Ledger DOL Form 5500 · updated monthly

Satco, Inc.benefits

Satco, Inc. Employee Welfare Plan · EL SEGUNDO, CA · plan year 2024

Broker compensation reported · 2024
$397,041

Satco, Inc.'s benefits plans covered 259 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $397,041 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,533 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 6.6% from $372,337 in 2023.

Insurance contracts · 202413
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 393 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 1 covered
UNUM INSURANCE COMPANYpremiums n/a · 91 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 1 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 3 covered
UNUM INSURANCE COMPANYpremiums n/a · 126 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 180 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 3 covered
UNUM INSURANCE COMPANYpremiums n/a · 112 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 259 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental ppopremiums n/a · 514 covered
VISION SERVICE PLAN · visionpremiums n/a · 256 covered
Brokers & agents paid · 20245
GALLAGHER BENEFIT SERVICES INC$347,608 · incl $7,166 fees
OROPEZA, NOAH G$10,088 · incl $10,088 fees
OROPEZA, NOAH$16,694
MS BENEFITS$22,628
Individual agent · names withheld$23

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 952546613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.