Plan Ledger DOL Form 5500 · updated monthly

Spencer Ogden, Inc.benefits

Spencer Ogden Health and Welfare Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$201,496

Spencer Ogden, Inc.'s benefits plans covered 262 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $201,496 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $769 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 49% from $135,542 in 2023.

Insurance contracts · 20244
UNITEDHEALTHCARE INSURANCE COMPANYpremiums n/a · 1 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 245 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 83 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 347 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES LLC$156,586 · incl $116,574 fees
TBX EMPLOYEE BENEFITS, LLC$39,039 · incl $6,852 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 452263819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.