Simflobenefits
Simflo Wrap Plan · LUBBOCK, TX · plan year 2025
Broker compensation reported · 2025
$76,111
Simflo's benefits plan covered 168 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $56,259. Insurance brokers and agents were paid $76,111 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 135.3% of premiums. That is $453 per covered person, in the top quarter of employer plans that report broker pay.
Insurance contracts · 20253
STANDARD INSURANCE COMPANY · life$56K · 167 covered
BLUE CROSS BLUE SHIELD OF TEXAS · health dentalpremiums n/a · 278 covered
EQUITABLE FINANCIAL LIFE INS. CO. OF AMERICA · vision ppopremiums n/a · 127 covered
Brokers & agents paid · 20252
HOTCHKISS INSURANCE AGENCY LLC$74,825
STEPHENS INSURANCE SVCS. INC.$1,286
Also brokered by Hotchkiss Insurance Agency LLC5
Henry Investment Group, LLC TX$68,601
Peoples Bank TX$26,790
Family Powersports, Inc. TX$25,967
Auto, Lllp TX$14,484
Bradley Holding, Lllp TX$10,004
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 752853292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.