Plan Ledger DOL Form 5500 · updated monthly

Wellborn Forest Products, Inc.benefits

Wellborn Forest Products, Inc. Benefit Plan · ALEXANDER CITY, AL · plan year 2025

Broker compensation reported · 2025
$91,640

Wellborn Forest Products, Inc.'s benefits plans covered 715 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,841,735. Insurance brokers and agents were paid $91,640 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $128 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.7x the $24,584 reported for 2024.

Insurance contracts · 20252
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$3.8M · 505 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life std ltdpremiums n/a · 715 covered
Brokers & agents paid · 20251
LOCKTON COMPANIES, LLC$91,640 · incl $36,222 fees
Also brokered by Lockton5
Banner Health AZ$3,486,058
Peraton, Inc. VA$2,031,509
Dollar Tree, Inc. VA$1,645,687

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 205872901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.