Plan Ledger DOL Form 5500 · updated monthly

T & R Electric Supply Co., Inc.benefits

T & R Electric Supply Company, Inc. Healthcare Plan · COLMAN, SD · plan year 2024

Broker compensation reported · 2024
$2,745

T & R Electric Supply Co., Inc.'s benefits plans covered 105 active participants in 2024, providing health · life · dental. Insurance premiums totaled $1,979,518. Insurance brokers and agents were paid $2,745 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.1% of premiums. That is $26 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 7.5% from $2,553 in 2023.

Insurance contracts · 20243
AVERA HEALTH PLANS INC · health drug$1.9M · 196 covered
DELTA DENTAL · dental$86K · 105 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 105 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$2,745 · incl $285 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 460283047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.