Plan Ledger DOL Form 5500 · updated monthly

Weg Electric Corpbenefits

Weg Electric Corp Welfare Benefit Plan · DULUTH, GA · plan year 2024

Broker compensation reported · 2024
$507,280

Weg Electric Corp's benefits plans covered 1,292 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $507,280 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $393 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.8% from $483,910 in 2023.

Insurance contracts · 20244
UNITEDHEALTHCARE INSURANCE COMPANY · stop-loss hmopremiums n/a · 2,424 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,292 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 1,349 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 1,292 covered
Brokers & agents paid · 20244
OAKBRIDGE INSURANCE AGENCY LLC$444,249 · incl $8,254 fees
A2 HOLDINGS LLC$62,020
OAKBRIDGE INSURANCE AGENCY$800
Also brokered by Oakbridge Insurance Agency LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 650280210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.