Plan Ledger DOL Form 5500 · updated monthly

Western Capital Corporationbenefits

Western Capital Corporation Health & Welfare Plan · LAKE OSWEGO, OR · plan year 2024

Broker compensation reported · 2024
$14,452

Western Capital Corporation's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $118,398. Insurance brokers and agents were paid $14,452 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.2% of premiums. That is $114 per covered person, below the median for employer plans that report broker pay. Broker pay fell 34% from $22,059 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$39K · 125 covered
STANDARD INSURANCE COMPANY · ltd$30K · 125 covered
WILLAMETTE DENTAL OF IDAHO, INC. · dental$25K · 23 covered
STANDARD INSURANCE COMPANY · std$24K · 34 covered
VISION SERVICE PLAN · visionpremiums n/a · 105 covered
AFLACpremiums n/a · 11 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$13,228 · incl $1,418 fees
VARIOUS - SEE ATTACHED$1,224 · incl $95 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261707047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.