Plan Ledger DOL Form 5500 · updated monthly

Wayne's Electric, Inc.benefits

Wayne's Electric, Inc. Employee Benefits Plan · FT. LUPTON, CO · plan year 2024

Broker compensation reported · 2024
$39,294

Wayne's Electric, Inc.'s benefits plans covered 77 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $39,294 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $510 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 97% from $19,959 in 2023.

Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 167 covered
Brokers & agents paid · 20242
FIRST INSURANCE GROUP, LLC$35,477 · incl $14,898 fees
MARSHBERRY CONNET PLATFORM LLC$3,817 · incl $3,817 fees
Also brokered by First Insurance Group, LLC5
Westin, Inc. NE$31,870

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 840743376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.