Plan Ledger DOL Form 5500 · updated monthly

Tropical Shipping and Construction Company Limited, LLCbenefits

Tropical Shipping and Construction Company Limited, LLC Welfare Benefit Plan · RIVIERA BEACH, FL · plan year 2025

Broker compensation reported · 2025
$95,617

Tropical Shipping and Construction Company Limited, LLC's benefits plans covered 113 active participants in 2025, providing health · dental · vision · other. Insurance brokers and agents were paid $95,617 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $846 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 6.5% from $89,815 in 2024.

Insurance contracts · 20251
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 113 covered
Brokers & agents paid · 20251
BAKER MAGRAS & ASSOCIATES$95,617
Also brokered by Baker Magras & Associates1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 660364306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.