Plan Ledger DOL Form 5500 · updated monthly

Westminster Companybenefits

Westminster Welfare Benefit Plan · GREENSBORO, NC · plan year 2024

Broker compensation reported · 2024
$18,488

Westminster Company's benefits plans covered 105 active participants in 2024, providing life · short-term disability · other. Insurance brokers and agents were paid $18,488 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay rose 124% from $8,265 in 2023.

Insurance contracts · 20241
AFLAC · life stdpremiums n/a · 105 covered
Brokers & agents paid · 20246
DAVID S. LACKEY$8,653 · incl $83 fees
JOHN ALLISON$3,302 · incl $180 fees
JOHN ARIANSEN$3,198 · incl $50 fees
ROBERT A. BROWN$1,363 · incl $15 fees
CHUCK MARTIN & ASSOC, INC.$497
25 individual agents · names withheld$1,475

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560886520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.