Simflo, LLCbenefits
Simflo Life Plan · LUBBOCK, TX · plan year 2023
Broker compensation reported · 2023
$49,424
Simflo, LLC's benefits plans covered 149 active participants in 2023, providing life. Insurance premiums totaled $1,169,491. Insurance brokers and agents were paid $49,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $332 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20232
BLUE CROSS BLUE SHIELD OF TEXAS · health$1.1M · 125 covered
STANDARD INSURANCE COMPANY · life$45K · 149 covered
Brokers & agents paid · 20231
ED STEPHENS INSURANCE SERVICES, INC$49,424
Also brokered by Ed Stephens Insurance Services, Inc1
Simflo, Inc. TX$7,328
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 752853292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.