Plan Ledger DOL Form 5500 · updated monthly

Summit Plastics, Inc.benefits

Summit Plastics, Inc. Health and Welfare Plan · SUMMIT, MS · plan year 2025

Broker compensation reported · 2025
$60,621

Summit Plastics, Inc.'s benefits plans covered 249 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,636,675. Insurance brokers and agents were paid $60,621 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $243 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.8% from $59,565 in 2024.

Insurance contracts · 20252
BLUE CROSS & BLUE SHIELD OF MISSISSIPPI · health drug$1.6M · 275 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 249 covered
Brokers & agents paid · 20254
BRIAR PATTERSON$32,895
CADENCE INSURANCE, INC.$16,351 · incl $8,395 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 640850117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.