Plan Ledger DOL Form 5500 · updated monthly

Silac Insurance Companybenefits

Silac Insurance Company Health & Welfare Plan · SALT LAKE CITY, UT · plan year 2025

Broker compensation reported · 2025
$74,897

Silac Insurance Company's benefits plans covered 321 active participants in 2025, providing health · life · dental · vision. Insurance brokers and agents were paid $74,897 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $233 per covered person, above the median for employer plans that report broker pay. Broker pay fell 50% from $148,337 in 2024.

Insurance contracts · 20254
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 743 covered
SELECTHEALTH · health hmopremiums n/a · 586 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 53 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 321 covered
Brokers & agents paid · 20257
DPWM BENEFITS, LLC$9,851
CUSTOM INSURANCE SPECIALISTS INC$5,436 · incl $526 fees
MCDERMOTT COMPANY AND ASSOCIATES$52,247
DPW BENEFITS LLC$3,631
LUKE MCDERMOTT$1,714
DPWM BENEFITS LLC$433 · incl $44 fees
5 individual agents · names withheld$1,585

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 Dpwm Benefits, LLC1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 870129771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.