Plan Ledger DOL Form 5500 · updated monthly

Wayne Farms LLCbenefits

Wayne Farms Welfare Benefit Plan · OAKWOOD, GA · plan year 2024

Broker compensation reported · 2024
$5,825,036

Wayne Farms LLC's benefits plans covered 24,172 active participants in 2024, providing life · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,307,326. Insurance brokers and agents were paid $5,825,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 445.6% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.3x the $1,101,732 reported for 2023.

Insurance contracts · 202411
VISION SERVICE PLAN · vision$1.3M · 17,163 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 2,944 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 21,082 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 3,459 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 13,430 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 10,195 covered
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a · 11,746 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 4,516 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 1,353 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · healthpremiums n/a · 25,898 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · lifepremiums n/a · 2,884 covered
Brokers & agents paid · 20247
BCINSOURCING LLC$2,974,601 · incl $50,000 fees
T2B SOLUTIONS INC.$50,736 · incl $50,736 fees
ALLIANT INSURANCE SERVICES INC$10,683 · incl $10,683 fees
Also brokered by Bcinsourcing LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582530930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.