Plan Ledger DOL Form 5500 · updated monthly

Shapco, Inc.benefits

Shapco, Inc. Employee Benefit Plan · SANTA MONICA, CA · plan year 2024

Broker compensation reported · 2024
$148,104

Shapco, Inc.'s benefits plans covered 390 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $148,104 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $380 per covered person, above the median for employer plans that report broker pay. Broker pay fell 25% from $197,072 in 2023.

Insurance contracts · 20243
VISION SERVICE PLAN · visionpremiums n/a · 217 covered
BLUE CROSS OF CALIFORNIA · health drug hmo ppopremiums n/a · 309 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 415 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES, LLC$146,176 · incl $27,441 fees
FMLASOURCE, INC.$1,928 · incl $1,928 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 953942140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.