Plan Ledger DOL Form 5500 · updated monthly

South Atlantic Services, Inc.benefits

South Atlantic Services, Inc. Health and Welfare Employee Benefit Plan · WILMINGTON, NC · plan year 2024

Broker compensation reported · 2024
$128,395

South Atlantic Services, Inc.'s benefits plans covered 235 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $128,395 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $546 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.5% from $141,942 in 2023.

Insurance contracts · 20245
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug vision ppopremiums n/a · 242 covered
PRINCIPAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 234 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 240 covered
UNUM INSURANCE COMPANYpremiums n/a · 86 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 179 covered
Brokers & agents paid · 20244
RYAN WALLACE$70,202
MOSAIC GROUP SERVICES, LLC$11,899 · incl $11,899 fees
GALLAGHER BENEFIT SERVICES, INC.$41,189 · incl $2,727 fees
IBENEFIT COMMUNICATION, LLC$5,105 · incl $437 fees
Also brokered by Ryan Wallace2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560956028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.