Sioux Falls Ford Incbenefits
Sioux Falls Ford Inc Flexible Spending Account Pla · SIOUX FALLS, SD · plan year 2025
Broker compensation reported · 2025
$42,183
Sioux Falls Ford Inc's benefits plans covered 362 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $2,093,306. Insurance brokers and agents were paid $42,183 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.8% from $39,125 in 2024.
Insurance contracts · 20254
AVERA HEALTH PLANS, INC · health drug$2.1M · 183 covered
STANDARD INSURANCE COMPANY · life$40K · 372 covered
STANDARD INSURANCE COMPANYpremiums n/a · 101 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 372 covered
Brokers & agents paid · 20255
HOWALT MCDOWELL INSURANCE$11,044 · incl $4,361 fees
MARSH & MCLENNAN AGENCY LLC$12,083 · incl $28 fees
GIS BENEFITS INC$17,387 · incl $16,164 fees
BOON-CHAPMAN BENEFIT ADMINISTRATORS$1,223 · incl $1,223 fees
GIS BENEFITS INC DBA BOON CHAPMAN$446 · incl $446 fees
Also brokered by Howalt McDowell Insurance4
Family Health Care of Siouxland, PLC SD$11,456
Dewild Grant Reckert & Associates IA$9,629
Integrated Life Choices, Inc. NE$4,237
Central Farmers Cooperative, Inc. SD$2,034
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 460438595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.