Plan Ledger DOL Form 5500 · updated monthly

Southern Fabricators Incbenefits

Southern Fabricators Employee Benefit Plan · POLKTON, NC · plan year 2024

Broker compensation reported · 2024
$32,483

Southern Fabricators Inc's benefits plans covered 134 active participants in 2024, providing health · life · dental · short-term disability · vision. Insurance brokers and agents were paid $32,483 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $242 per covered person, above the median for employer plans that report broker pay. Broker pay fell 20% from $40,736 in 2023.

Insurance contracts · 20242
UNITED HEALTHCARE INSURANCE COMPANY · health dentalpremiums n/a · 211 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life stdpremiums n/a · 235 covered
Brokers & agents paid · 20242
ELC CPA PC$28,025
MOSAIC GROUP SERVICES LLC$4,458 · incl $4,458 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560928892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.