Plan Ledger DOL Form 5500 · updated monthly

Spikes Motor Company, Inc.benefits

Spikes Motor Company, Inc Employee Benefits Plan · MISSION, TX · plan year 2024

Broker compensation reported · 2024
$48,320

Spikes Motor Company, Inc.'s benefits plans covered 134 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $48,320 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.8% from $50,760 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF TEXAS · health drug dental ppopremiums n/a · 94 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 46 covered
ONE AMERICA · lifepremiums n/a · 117 covered
Brokers & agents paid · 20243
SPIRE RISK MANAGEMENT, LLC$45,738 · incl $2,706 fees
Individual agent · names withheld$307

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Spire Risk Management, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742486102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.