Plan Ledger DOL Form 5500 · updated monthly

Shelby Gravel, Inc. D/B/A Shelby Materialsbenefits

Shelby Materials Employee Medical Benefit Plan · SHELBYVILLE, IN · plan year 2024

Broker compensation reported · 2024
$19,907

Shelby Gravel, Inc. D/B/A Shelby Materials's benefits plans covered 237 active participants in 2024, providing health · life · dental · short-term disability · death benefits. Insurance brokers and agents were paid $19,907 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $84 per covered person, below the median for employer plans that report broker pay. Broker pay rose 17% from $17,084 in 2023.

Insurance contracts · 20241
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 237 covered
Brokers & agents paid · 20241
MCGOWAN BENEFIT GROUP LLC$19,907 · incl $1,964 fees
Also brokered by McGowan Benefit Group LLC1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350903596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.