Shipexbenefits
Shipex · SALT LAKE CITY, UT · plan year 2024
Broker compensation reported · 2024
$48,184
Shipex's benefits plans covered 128 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $48,184 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $376 per covered person, above the median for employer plans that report broker pay. Broker pay fell 91% from $558,103 in 2023.
Insurance contracts · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · healthpremiums n/a · 188 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 20 covered
Brokers & agents paid · 20246
MILLER & ASSOCIATES INS AGENCY$14,306
PARAGON PARTNERS LTD$12,348 · incl $12,348 fees
PCF INS SERVICES OF THE WEST$8,210
TRUCORDIA INSURANCESERVICES LLC$6,063
NATIONAL PCF BONUS ONLY$5,178 · incl $5,178 fees
PARAGON PARTNERS LIMITED$2,079
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 830477261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.