Plan Ledger DOL Form 5500 · updated monthly

Ted Britt Ford Sales, Inc.benefits

Ted Britt Ford Sales, Inc. Welfare Benefit Plan · FAIRFAX, VA · plan year 2024

Broker compensation reported · 2024
$111,378

Ted Britt Ford Sales, Inc.'s benefits plans covered 184 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $111,378 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $605 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 14% from $129,085 in 2023.

Insurance contracts · 20248
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 226 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 285 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 184 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 82 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 101 covered
Brokers & agents paid · 20242
HILB GROUP OF MARYLAND$109,905 · incl $73,023 fees
LOUISE SIERMARCO YALE$1,473
Also brokered by Hilb Group of Maryland5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540652756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.