Plan Ledger DOL Form 5500 · updated monthly

South Georgia Pecan Company, Inc.benefits

South Georgia Pecan Company, Inc. · VALDOSTA, GA · plan year 2024

Broker compensation reported · 2024
$201,956

South Georgia Pecan Company, Inc.'s benefits plans covered 427 active participants in 2024, providing health · dental · vision · life · short-term disability. Insurance premiums totaled $293,691. Insurance brokers and agents were paid $201,956 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 68.8% of premiums. That is $473 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $177,655 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · std$117K · 228 covered
STANDARD INSURANCE COMPANY · life$106K · 206 covered
STANDARD INSURANCE COMPANY · vision$70K · 427 covered
BLUE CROSS AND BLUE SHIELD OF GEORGIA, INC. (G0385) · healthpremiums n/a · 255 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 231 covered
METROPOLITAN LIFE INSURANCEpremiums n/a · 126 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 103 covered
Brokers & agents paid · 20242
WINGATE INSURANCE GROUP INC$118,514
WINGATE INSURANCE GROUP, INC.$83,442 · incl $11,582 fees
Also brokered by Wingate Insurance Group Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 581533837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.