Plan Ledger DOL Form 5500 · updated monthly

Tymco Incbenefits

Tymco Inc Group Insurance Plan · WACO, TX · plan year 2024

Broker compensation reported · 2024
$8,182

Tymco Inc's benefits plans covered 176 active participants in 2024, providing life. Insurance premiums totaled $54,547. Insurance brokers and agents were paid $8,182 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.0% of premiums. That is $46 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.5% from $7,828 in 2023.

Insurance contracts · 20241
HARTFORD LIFE AND ACCIDENT · life$55K · 176 covered
Brokers & agents paid · 20241
BAILEY ASSOC FINCL$8,182

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741693738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.