Plan Ledger DOL Form 5500 · updated monthly

Southern Botanical, Inc.benefits

Southern Botanical Employee Benefits Plan · DALLAS, TX · plan year 2024

Previously filed as Southern Botanical, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$134,759

Southern Botanical, Inc.'s benefits plans covered 221 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance brokers and agents were paid $134,759 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $610 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 40% from $96,026 in 2023.

Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ppopremiums n/a · 327 covered
GUARDIANpremiums n/a · 106 covered
HEALTH CARE SERVICE CORPORATION · health drugpremiums n/a · 250 covered
Brokers & agents paid · 20245
IMA INC.$86,310
IMA INC$34,775 · incl $3,246 fees
NATIONAL INSURANCE MARKETING B$12,066
Also brokered by Ima5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752753077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.