Plan Ledger DOL Form 5500 · updated monthly

Security Group, Inc.benefits

Security Group, Inc. and All Subsidiaries and Affiliates Welfare Benefits Plan · SPARTANBURG, SC · plan year 2024

Broker compensation reported · 2024
$316,000

Security Group, Inc.'s benefits plans covered 2,044 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $316,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $282,181 in 2023.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 2,044 covered
Brokers & agents paid · 20242
AP BENEFIT ADVISORS, LLC$278,808 · incl $68,165 fees
FMLASOURCE INC.$37,192 · incl $37,192 fees
Also brokered by Ap Benefit Advisors, LLC5
Topbuild Corp. FL$1,896,675

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570722114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.