Plan Ledger DOL Form 5500 · updated monthly

Southern Gunite, Inc.benefits

Southern Gunite, Inc. Health & Welfare Plan · WEST PALM BEACH, FL · plan year 2024

Broker compensation reported · 2024
$89,098

Southern Gunite, Inc.'s benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $1,326,216. Insurance brokers and agents were paid $89,098 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $702 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 11% from $80,049 in 2023.

Insurance contracts · 20246
HEALTH OPTIONS, INC · health drug hmo$903K · 121 covered
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug$423K · 36 covered
USABLE LIFE · lifepremiums n/a · 127 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 106 covered
FLORIDA COMBINED LIFE · dentalpremiums n/a · 130 covered
BLUECROSS BLUESHIELD OF FLORIDA, INC. · visionpremiums n/a · 131 covered
Brokers & agents paid · 20242
MARSH AND MCLENNAN AGENCY$88,971 · incl $996 fees
BLUE CROSS BLUE SHIELD OF FLORIDA$127
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 275006296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.