Plan Ledger DOL Form 5500 · updated monthly

Suminoe Textile of America Corporationbenefits

Suminoe Textile of America Corporation Welfare Benefits Plan · GAFFNEY, SC · plan year 2025

Broker compensation reported · 2025
$129,999

Suminoe Textile of America Corporation's benefits plans covered 124 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,754,091. Insurance brokers and agents were paid $129,999 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $1,048 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 9.1% from $119,103 in 2024.

Insurance contracts · 202510
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health drug dental$1.8M · 137 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 124 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 192 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 187 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 123 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 124 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · visionpremiums n/a · 119 covered
Brokers & agents paid · 20253
REESE MCCURDY$66,511
MST INSURANCE SOLUTIONS INC$48,430 · incl $5,471 fees
CENTERSTONE INSURANCE & FIN. SVCS.$15,058 · incl $15,058 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 510468488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.