Plan Ledger DOL Form 5500 · updated monthly

Scotch Plywood Companybenefits

Scotch Plywood Company,Inc. · FULTON, AL · plan year 2023

Broker compensation reported · 2023
$32,160

Scotch Plywood Company's benefits plan covered 925 active participants in 2023, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $127,918. Insurance brokers and agents were paid $32,160 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.1% of premiums. That is $35 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20234
BLUE CROSS AND BLUE SHIELD OF ALABAMA · dental$128K · 842 covered
USABLE LIFE · lifepremiums n/a · 542 covered
USABLE LIFE · ltdpremiums n/a · 84 covered
USABLE LIFEpremiums n/a · 458 covered
Brokers & agents paid · 20231
ABLE BENEFIT SOLUTIONS INC$32,160
Also brokered by Able Benefit Solutions Inc5

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 630501795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.