Plan Ledger DOL Form 5500 · updated monthly

Wall Residences, Inc.benefits

Wall Residences Employee Benefit Plan · FLOYD, VA · plan year 2024

Broker compensation reported · 2024
$80,240

Wall Residences, Inc.'s benefits plans covered 255 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $154,289. Insurance brokers and agents were paid $80,240 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.0% of premiums. That is $315 per covered person, above the median for employer plans that report broker pay. Broker pay rose 39% from $57,834 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF VIRGINIA · dental$154K · 389 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 570 covered
HCC LIFE INSURANCE COMPANY · healthpremiums n/a · 257 covered
HCC LIFE INSURANCE COMPANY · healthpremiums n/a · 244 covered
STRYDEN INC · visionpremiums n/a · 347 covered
Brokers & agents paid · 20242
JAMES A SCOTT & SON INC$75,820 · incl $12,914 fees
WATCHTOWER BENEFITS LLC$4,420 · incl $4,420 fees
Also brokered by James a Scott & Son Inc5
Propel Peo, Inc SC$637,061

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541959395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.