Plan Ledger DOL Form 5500 · updated monthly

Walpole Incbenefits

Walpole Inc Premium Conversation Plan · OKEECHOBEE, FL · plan year 2024

Broker compensation reported · 2024
$50,510

Walpole Inc's benefits plans covered 320 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $515,989. Insurance brokers and agents were paid $50,510 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $158 per covered person, below the median for employer plans that report broker pay. Broker pay rose 77% from $28,568 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$516K · 107 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 253 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 205 covered
UNITED HEALTHCARE INSURANCE COMPANYpremiums n/a · 183 covered
Brokers & agents paid · 20242
COTTINGHAM & BUTLER INS$28,569 · incl $3,623 fees
COTTINGHAM & BUTLER INSURANCE SERVI$21,941
Also brokered by Cottingham & Butler Ins5
Hodge Company IA$75,656
Altorfer Inc IA$25,858

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 591305687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.