Plan Ledger DOL Form 5500 · updated monthly

Sun West Mortgage Company, Inc.benefits

Sun West Mortgage Company, Inc.- Life Plan · GUAYNABO, PR · plan year 2024

Broker compensation reported · 2024
$40,491

Sun West Mortgage Company, Inc.'s benefits plans covered 216 active participants in 2024, providing life. Insurance premiums totaled $799,407. Insurance brokers and agents were paid $40,491 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $187 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $31,721 in 2023.

Insurance contracts · 20242
TRIPLE-S SALUD · health drug dental life$796K · 134 covered
MULTINATIONAL LIFE INSURANCE COMPANY · life$3K · 216 covered
Brokers & agents paid · 20241
IKON INSURANCE, INC.$40,491
Also brokered by Ikon Insurance, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660459530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.