Plan Ledger DOL Form 5500 · updated monthly

Usalco, LLCbenefits

Usalco, LLC Employee Benefit Plan · BALTIMORE, MD · plan year 2024

Broker compensation reported · 2024
$43,721

Usalco, LLC's benefits plans covered 441 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $43,721 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.2% from $40,424 in 2023.

Insurance contracts · 20241
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 441 covered
Brokers & agents paid · 20242
AP BENEFITS ADVISORS, LLC$25,065 · incl $4,954 fees
GALLAGHER BENEFIT SERVICES, INC.$18,656 · incl $2,622 fees
Also brokered by Ap Benefits Advisors, LLC5
Boats Group, LLC FL$151,378

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 271125234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.