Plan Ledger DOL Form 5500 · updated monthly

Southwest Water Companybenefits

Southwest Water Company Employee Health & Welfare Benefit Plan · SUGAR LAND, TX · plan year 2024

Broker compensation reported · 2024
$412,988

Southwest Water Company's benefits plans covered 542 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $687,098. Insurance brokers and agents were paid $412,988 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.1% of premiums. That is $762 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 9.4% from $377,528 in 2023.

Insurance contracts · 20248
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$687K · 101 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug ppopremiums n/a · 1,034 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 269 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,375 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 243 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 266 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 186 covered
Brokers & agents paid · 20241
MERCER HEALTH & BENEFITS, LLC.$412,988 · incl $11,528 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 951840947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.