Plan Ledger DOL Form 5500 · updated monthly

South Dakota Soybean Processors, LLCbenefits

South Dakota Soybean Processors, LLC - Life, Add, LTD · VOLGA, SD · plan year 2024

Broker compensation reported · 2024
$7,110

South Dakota Soybean Processors, LLC's benefits plans covered 130 active participants in 2024, providing life · long-term disability · death benefits. Insurance brokers and agents were paid $7,110 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 26% from $5,663 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 121 covered
WELLMARK OF SOUTH DAKOTA, INC. · healthpremiums n/a · 112 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 130 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 130 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 130 covered
Brokers & agents paid · 20241
HOLMES MURPHY AND ASSOCIATES$7,110 · incl $753 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460462968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.