Plan Ledger DOL Form 5500 · updated monthly

South Atlantic, LLCbenefits

South Atlantic, LLC Group Welfare Benefit Plan · WILMINGTON, NC · plan year 2024

Broker compensation reported · 2024
$193,368

South Atlantic, LLC's benefits plans covered 316 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $193,368 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $612 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 38% from $140,512 in 2023.

Insurance contracts · 20245
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental life ltdpremiums n/a · 390 covered
AFLACpremiums n/a · 14 covered
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug vision ppopremiums n/a · 519 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 18 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 73 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES INC$84,010 · incl $14,984 fees
VARIOUS - SEE ATTACHED$1,291
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561996898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.