Plan Ledger DOL Form 5500 · updated monthly

The Plank Companies, Incbenefits

The Plank Companies, Inc. Health Benefit Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$106,220

The Plank Companies, Inc's benefits plans covered 215 active participants in 2024, providing health. Insurance brokers and agents were paid $106,220 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $494 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.3x the $31,922 reported for 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF TEXAS · healthpremiums n/a · 215 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 148 covered
Brokers & agents paid · 20245
BCI INSURANCE SOLUTIONS, INC.$65,175 · incl $15 fees
BCI INSURANCE SOLUTIONS$23,546 · incl $4,732 fees
CENTRO BENEFITS RESEARCH LLC$10,370 · incl $10,370 fees
BENEFIT CONCEPTS INC$7,128
THE PLANK COMPANIES, INC$1 · incl $1 fees
Also brokered by Bci Insurance Solutions, Inc.5
USA Water, LLC TX$180,638

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742024570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.