Plan Ledger DOL Form 5500 · updated monthly

Twin City Motors Incbenefits

Twin City Motors Group Benefit Plan · ALCOA, TN · plan year 2024

Broker compensation reported · 2024
$65,825

Twin City Motors Inc's benefits plans covered 296 active participants in 2024, providing health · dental · vision · short-term disability. Insurance premiums totaled $102,680. Insurance brokers and agents were paid $65,825 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.1% of premiums. That is $222 per covered person, above the median for employer plans that report broker pay. Broker pay fell 13% from $76,013 in 2023.

Insurance contracts · 20245
BLUECROSS BLUE SHIELD OF TENNESSEE, INC. · dental vision$103K · 344 covered
PAN-AMERICAN LIFE INSURANCE COpremiums n/a · 13 covered
AFLAC · stdpremiums n/a · 91 covered
BLUERE OF TENNESSEE · healthpremiums n/a · 296 covered
UNITED OF OMAHA LIFE INSURANCE · stdpremiums n/a · 270 covered
Brokers & agents paid · 20244
AFLAC$12,278 · incl $512 fees
JEFFREY WALLACE$50,475
JEFF WALLACE$2,412
BENEFIT SERVICES GROUP LLC$660
Also brokered by Aflac5
Ptmw Inc. KS$43,708

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 620562541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.