Plan Ledger DOL Form 5500 · updated monthly

Scout Boats, Inc.benefits

Scout Boats, Inc. · SUMMERVILLE, SC · plan year 2024

Broker compensation reported · 2024
$122,093

Scout Boats, Inc.'s benefits plans covered 435 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · vision. Insurance premiums totaled $2,196,304. Insurance brokers and agents were paid $122,093 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.2% from $132,956 in 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health$1.8M · 253 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · dental$201K · 283 covered
STANDARD INSURANCE COMPANY · ltd$90K · 134 covered
STANDARD INSURANCE COMPANY · life$68K · 339 covered
STANDARD INSURANCE COMPANY · std$54K · 208 covered
SUPERIOR VISION PLAN · visionpremiums n/a · 214 covered
Brokers & agents paid · 20242
WINGATE INSURANCE GROUP, INC$85,496
WINGATE INSURANCE GROUP$36,597 · incl $4,839 fees
Also brokered by Wingate Insurance Group, Inc5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570882407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.