Plan Ledger DOL Form 5500 · updated monthly

Southern Tank Transport, Inc.benefits

Southern Tank Transport Employee Benefit Plan · HOLLY HILL, SC · plan year 2024

Broker compensation reported · 2024
$125,089

Southern Tank Transport, Inc.'s benefits plans covered 328 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,854,215. Insurance brokers and agents were paid $125,089 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 $381 per covered person, above the median for employer plans that report broker pay. Broker pay fell 14% from $145,411 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF SOUTH CAROLINA · health drug$1.9M · 174 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life stdpremiums n/a · 328 covered
Brokers & agents paid · 20243
J. SAM PLEXICO AND ASSOCIATES, INC.$73,663
SOUTHEASTERN INSURANCE CONSULTANTS$37,198 · incl $5,439 fees
JAMES R NELLIGAN & ASSOCIATES LLC$14,228 · incl $2,136 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570989604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.