Plan Ledger DOL Form 5500 · updated monthly

Southern Pipe and Supply Co., Inc.benefits

Southern Pipe & Supply Co., Inc. Wrap Plan · MERIDIAN, MS · plan year 2025

Broker compensation reported · 2025
$403,688

Southern Pipe and Supply Co., Inc.'s benefits plans covered 1,112 active participants in 2025, providing health · life · long-term disability · other · short-term disability · dental · vision. Insurance premiums totaled $1,085,415. Insurance brokers and agents were paid $403,688 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.2% of premiums. That is $363 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.4% from $372,575 in 2024.

Insurance contracts · 202511
METLIFE INSURANCE COMPANYpremiums n/a · 286 covered
RXBENEFITS,INC · drugpremiums n/a · 922 covered
GUARDIAN · dentalpremiums n/a · 844 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 391 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 1,215 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 1,112 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 990 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 624 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 455 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 806 covered
Brokers & agents paid · 20255
INSURANCE ADVISORY GROUP$162,915
INSURANCE ADVISORY GROUP LLC$226,753
INSURANCE ADVISORY GROUP, LLC$10,949
EDWIN DEREK PEARCE$1,565
RAMONA S PEARCE$1,506

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 640291778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.