Plan Ledger DOL Form 5500 · updated monthly

Shuqualak Lumber Co, Inc.benefits

Shuqualak Lumber Co. Inc. Employee Benefits Plan · SHUQUALAK, MS · plan year 2024

Broker compensation reported · 2024
$38,043

Shuqualak Lumber Co, Inc.'s benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $569,295. Insurance brokers and agents were paid $38,043 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $362 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.4% from $37,161 in 2023.

Insurance contracts · 20247
BLUE CROSS & BLUE SHIELD OF MISSISSIPPI, A MUTUAL INSURANCE COMPANY · health$569K · 152 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 92 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 103 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 4 covered
RELIASTAR LIFE INSURANCE COMPANY · lifepremiums n/a · 1 covered
RELIASTAR LIFE INSURANCE COMPANY · lifepremiums n/a · 7 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 65 covered
Brokers & agents paid · 20245
KYLE BAILEY$22,202
GALLAGHER BENEFIT SERVICES$14,742 · incl $1,476 fees
MISSISSIPPI MANUFACTURERS ASSOC$563
BENEFIT CONCEPTS PA$526
BENEFITS CONCEPTS PA$10
Also brokered by Kyle Bailey2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 640431285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.