Turman & Assoc./Turman Hardwoodbenefits
Turman Group Medical Plan · FLOYD, VA · plan year 2024
Broker compensation reported · 2024
$538,264
Turman & Assoc./Turman Hardwood's benefits plans covered 220 active participants in 2024, providing health. Insurance brokers and agents were paid $538,264 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2,447 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 35% from $829,996 in 2023.
Insurance contracts · 20241
HCC LIFE INSURANCE COMPANY · drug stop-loss ppopremiums n/a · 220 covered
Brokers & agents paid · 20241
BENEFIT PLAN ADMINISTRATORS, INC.$538,264 · incl $538,264 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 800653883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.