Plan Ledger DOL Form 5500 · updated monthly

Water Tech, Inc. & Affiliatesbenefits

Water Tech, Inc. & Affiliates · FORT SMITH, AR · plan year 2024

Broker compensation reported · 2024
$62,823

Water Tech, Inc. & Affiliates's benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,713,223. Insurance brokers and agents were paid $62,823 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $381 per covered person, above the median for employer plans that report broker pay. Broker pay fell 41% from $105,731 in 2023.

Insurance contracts · 20243
ARKANSAS BLUE CROSS BLUE SHIELD · health drug dental vision ppo$1.7M · 376 covered
USABLE LIFEpremiums n/a · 125 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 197 covered
Brokers & agents paid · 20244
HIGGINBOTHAM INSURANCE AGENCY, INC.$49,972 · incl $14,259 fees
HENDERSON PHILLIPS, LLC$11,691
ARKANSAS BLUE CROSS BLUE SHIELD$102
3 individual agents · names withheld$1,058

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Higginbotham Insurance Agency, Inc.5
Cba Franchisees TX$494,575
Youth Villages TN$255,352

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 710690640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.