Plan Ledger DOL Form 5500 · updated monthly

Washington State Auto Dealers Insurance Trustbenefits

Washington State Auto Dealers Insurance Trust Benefit Plan · MUKILTEO, WA · plan year 2024

Broker compensation reported · 2024
$14,118

Washington State Auto Dealers Insurance Trust's benefits plans covered 1,074 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $318,061. Insurance brokers and agents were paid $14,118 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $16,771 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF WASHINGTON · dental$318K · 627 covered
VISION SERVICE PLAN · visionpremiums n/a · 621 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 539 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 540 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 510 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$14,118 · incl $2,145 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 916056560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.