Plan Ledger DOL Form 5500 · updated monthly

Southern Development Management Company, Inc.benefits

Southern Development Management Company Employee Benefit Plan · WEST COLUMBIA, SC · plan year 2024

Broker compensation reported · 2024
$76,553

Southern Development Management Company, Inc.'s benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $76,553 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $507 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 32% from $58,052 in 2023.

Insurance contracts · 20248
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 104 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 53 covered
EYEMED VISION CARE · visionpremiums n/a · 150 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dentalpremiums n/a · 155 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 113 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 154 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 98 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 66 covered
Brokers & agents paid · 202410
DIGITAL BENEFIT ADVISORS$35,520
KIMBERLY ANN SHARPE$8,370 · incl $281 fees
DIGITAL INSURANCE LLC$28,655 · incl $9,155 fees
THE CLARK GROUP OF SC$2,037 · incl $1,107 fees
KEY INSURANCE CONSULTANTS, INC$1,081
ADVANCED BENEFIT SYSTEM INC$614 · incl $233 fees
DAVID C REID LLC$159
THE ADAMSON GROUP INC$7
MAYNARD BENEFITS GRP INC$2
4 individual agents · names withheld$108

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Digital Benefit Advisors5
Full Sail, LLC FL$158,197

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570884962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.