The Westervelt Companybenefits
The Westervelt Company Welfare Benefit Plan · TUSCALOOSA, AL · plan year 2024
Broker compensation reported · 2024
$100,650
The Westervelt Company's benefits plans covered 679 active participants in 2024, providing life · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $100,650 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay rose 41% from $71,158 in 2023.
Insurance contracts · 20245
VISION SERVICE PLAN · visionpremiums n/a · 529 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 802 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 271 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 280 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANYpremiums n/a · 679 covered
Brokers & agents paid · 20241
VALENT GROUP$100,650
Also brokered by Valent Group5
Integration Innovation, Inc dba I3 AL$178,160
Bl Harbert International, LLC AL$117,008
Radiance Technologies, Inc. AL$110,082
Long-Lewis of the Shoals, Inc. AL$90,848
Mitchell Grocery Corp. AL$90,134
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 631158654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.