Plan Ledger DOL Form 5500 · updated monthly

Sullivan Investment Co., Inc.benefits

Sullivan Tire Co., Inc Gr Medical Plan · NORWELL, MA · plan year 2025

Broker compensation reported · 2025
$120,393

Sullivan Investment Co., Inc.'s benefits plans covered 1,274 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $837,537. Insurance brokers and agents were paid $120,393 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.4% of premiums. That is $95 per covered person, below the median for employer plans that report broker pay. Broker pay rose 137% from $50,786 in 2024.

Insurance contracts · 20254
STANDARD INSURANCE COMPANY · life$499K · 1,274 covered
STANDARD INSURANCE COMPANY · ltd$338K · 1,828 covered
THE GUARDIAN · visionpremiums n/a · 1,001 covered
KGApremiums n/a · 1,426 covered
Brokers & agents paid · 20253
NFP CORPORATE SERVICES NY LLC$11,246 · incl $1,600 fees
Also brokered by Nfp5
Knapp, Inc. GA$550,025

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042682840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.