Simantel Group, LTD.benefits
Basic Life Insurance, Employer Provided · PEORIA, IL · plan year 2024
Broker compensation reported · 2024
$52,414
Simantel Group, LTD.'s benefits plans covered 144 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $52,414 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $364 per covered person, above the median for employer plans that report broker pay. Brokers were paid 242.7x the $216 reported for 2023.
Insurance contracts · 20242
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 141 covered
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 200 covered
Brokers & agents paid · 20247
MONGE CROUCH MAHONEY$29,050
COTTINGHAM AND BUTLER INSURANCE$19,907 · incl $15 fees
ROGERS BENEFIT GROUP, INC.$3,228
FOUNDATION RISK PARTNERS, CORP$109
COTTINGHAM AND BUTLER$64 · incl $11 fees
SIMANTEL GROUP$1 · incl $1 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371116064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.