Plan Ledger DOL Form 5500 · updated monthly

Trader Construction Companybenefits

Trader Construction Company Welfare Plan · NEW BERN, NC · plan year 2024

Broker compensation reported · 2024
$6,444

Trader Construction Company's benefits plans covered 310 active participants in 2024, providing life · dental · death benefits. Insurance premiums totaled $90,957. Insurance brokers and agents were paid $6,444 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $21 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 36% from $10,008 in 2023.

Insurance contracts · 20241
METROPOLITAN LIFE INSURANCE COMPANY · dental life$91K · 310 covered
Brokers & agents paid · 20241
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Vca Inc. CA$4,086,268

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561010597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.