Plan Ledger DOL Form 5500 · updated monthly

Syncro Corpbenefits

Syncro Employee Benefit Plan · ARAB, AL · plan year 2024

Broker compensation reported · 2024
$6,601

Syncro Corp's benefits plans covered 91 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $837,983. Insurance brokers and agents were paid $6,601 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.8% of premiums. That is $73 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.6% from $6,191 in 2023.

Insurance contracts · 20242
BLUECROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$838K · 114 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 91 covered
Brokers & agents paid · 20241
MICKEY HUNT$6,601

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381255844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.