Plan Ledger DOL Form 5500 · updated monthly

Summitt Trucking, LLCbenefits

Summitt Trucking, LLC Welfare Benefits Plan · CLARKSVILLE, IN · plan year 2024

Broker compensation reported · 2024
$56,525

Summitt Trucking, LLC's benefits plans covered 175 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $260,004. Insurance brokers and agents were paid $56,525 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.7% of premiums. That is $323 per covered person, above the median for employer plans that report broker pay. Broker pay fell 11% from $63,608 in 2023.

Insurance contracts · 20242
EXCESS REINSURANCE UNDERWRITER · stop-loss$260K · 149 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 175 covered
Brokers & agents paid · 20241
MARSH AND MCLENNAN AGENCY LLC$56,525 · incl $3,923 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 352121533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.