Plan Ledger DOL Form 5500 · updated monthly

Simflo, Inc.benefits

Simflo Life Plan · LUBBOCK, TX · plan year 2024

Broker compensation reported · 2024
$64,347

Simflo, Inc.'s benefits plans covered 0 active participants in 2024, providing life. Insurance premiums totaled $51,756. Insurance brokers and agents were paid $64,347 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 124.3% of premiums. Brokers were paid 8.8x the $7,328 reported for 2023.

Insurance contracts · 20242
STANDARD INSURANCE CO. · life$52K · 157 covered
BLUE CROSS BLUE SHIELD OF TEXAS · health dentalpremiums n/a · 268 covered
Brokers & agents paid · 20242
WTA ED STEPHENS INS. SRVC., INC$43,095 · incl $1,524 fees
HOTCHKISS INSURANCE AGENCY, LLC$21,252

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752853292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.