Plan Ledger DOL Form 5500 · updated monthly

Sewell Motor Express Companybenefits

Sewell Motor Express Employee Benefit Plan · WILMINGTON, OH · plan year 2023

Broker compensation reported · 2023
$11,558

Sewell Motor Express Company's benefits plan covered 100 active participants in 2023, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $38,835. Insurance brokers and agents were paid $11,558 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.8% of premiums. That is $116 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20234
DELTA DENTAL OF OHIO · dental$39K · 140 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · lifepremiums n/a · 100 covered
UNITED HEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 81 covered
AFLACpremiums n/a · 19 covered
Brokers & agents paid · 20237
MICHAEL J MCGAUGHEY$2,936
HORAN ASSOCIATES INC$4,659 · incl $1,024 fees
CONSUMER FINANCIAL INC$78
QUINN, MEYER, & ASSOCIATES$6
14 individual agents · names withheld$1,128

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 Michael J McGaughey1

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 300298072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.