Plan Ledger DOL Form 5500 · updated monthly

System Electric Companybenefits

System Electric Company Health and Welfare Plan · PLANO, TX · plan year 2024

Broker compensation reported · 2024
$38,895

System Electric Company's benefits plans covered 180 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $38,895 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay rose 24% from $31,383 in 2023.

Insurance contracts · 20246
BLUECROSS BLUESHIELD OF TEXAS · health dentalpremiums n/a · 207 covered
BLUECROSS BLUESHIELD OF TEXAS · vision lifepremiums n/a · 180 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 186 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 16 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 13 covered
LIFE INSUARNCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 186 covered
Brokers & agents paid · 20245
INSURICA TX INSURANCE SERVICES, INC$21,426
INSURICA INSURANCE SERVICES, LLC$9,670
SWBC LIFE INSURANCE AGENCY INC$6,546 · incl $600 fees
SWBC LIFE INSURANCE AGENCY$546
Also brokered by Insurica Tx Insurance Services, Inc5
Tri-Supply LLC TX$85,997
Sxsw, LLC TX$22,476

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 952161624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.