Plan Ledger DOL Form 5500 · updated monthly

Southern Minnesota Beet Sugar Cooperativebenefits

Southern Minnesota Beet Sugar Cooperative Life & Health Insurance Plan · RENVILLE, MN · plan year 2025

Broker compensation reported · 2025
$53,031

Southern Minnesota Beet Sugar Cooperative's benefits plans covered 487 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $53,031 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay fell 54% from $115,927 in 2024.

Insurance contracts · 20252
VISION SERVICE PLAN · visionpremiums n/a · 115 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 487 covered
Brokers & agents paid · 20252
HOLMES, MURPHY & ASSOCIATES, LLC$51,662
HOLMES, MURPHY AND ASSOCIATES, LLC$1,369
Also brokered by Holmes, Murphy & Associates, LLC5
Valtir, LLC TX$63,934

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410997475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.