State Electric Supply Companybenefits
State Electric Supply Company Employee Benefit Plan · HUNTINGTON, WV · plan year 2024
Broker compensation reported · 2024
$116,411
State Electric Supply Company's benefits plans covered 682 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $116,411 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $171 per covered person, below the median for employer plans that report broker pay. Broker pay rose 33% from $87,693 in 2023.
Insurance contracts · 20247
VISION SERVICE PLAN · visionpremiums n/a · 488 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 683 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 405 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 683 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 363 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 275 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 218 covered
Brokers & agents paid · 20243
MCGRIFF INSURANCE SERVICES INC$98,309 · incl $22,710 fees
Also brokered by McGriff5
Truist Financial Corporation NC$3,131,925
Valero Energy Corporation TX$1,969,297
Old Dominion Freight Line, Inc. NC$1,796,474
Pratt Industries, Inc. GA$1,720,663
El Camino Hospital CA$1,115,318
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 550384235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.