Plan Ledger DOL Form 5500 · updated monthly

System Services Broadband LLCbenefits

System Services Principal · SCOTT, LA · plan year 2024

Broker compensation reported · 2024
$107,741

System Services Broadband LLC's benefits plans covered 234 active participants in 2024, providing dental · vision. Insurance premiums totaled $1,263,195. Insurance brokers and agents were paid $107,741 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.5% of premiums. That is $460 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.7% from $100,981 in 2023.

Insurance contracts · 20245
BLUE CROSS AND BLUE SHIELD OF LOUISIANA · health ppo$1.3M · 219 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision std ppopremiums n/a · 234 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 125 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 203 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 113 covered
Brokers & agents paid · 20248
MCGRIFF MARSH MCLENNAN AGENCY LLC$60,162 · incl $30,078 fees
GIS BENEFITS INC$10,559 · incl $5,336 fees
MCGRIFF BARGER INSURANCE NETWORK$810 · incl $810 fees
HUB INTERNATIONAL LIMITED$681 · incl $681 fees
MCGRIFF INSURANCE SERVICES, INC.$9,010 · incl $1,530 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 721469818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.