Plan Ledger DOL Form 5500 · updated monthly

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
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.