s-d 04 25-08-28 130-equity-bonus-structure wgqukff
This PDF (author: Betsy K. Barr) describes Symmetry Financial Group's bonus structure for Agency Owners at the 130 contract level, including two distinct programs: the 130 Bonus (a pool equal to 6.5% of monthly net placed premium distributed using Generational Depth Factors and Width Adjustment Factors applied to Master Agency Premiums) and the Equity Bonus (a separate pool equal to 3.8% of adjusted monthly net placed premium allocated as shares to qualifying Equity Partners on the first three 130 levels per leg). The document defines calculation steps, GDF and WAF schedules, eligibility and validation thresholds (e.g., $112,500 and $225,000), a penalty cap rule, and examples/tables illustrating allocation math.
Questions this document answers
6.5% of SFG's monthly net placed premium.
3.8% of the adjusted monthly net placed premium.
1st Gen = 1.00; 2nd Gen = 0.75; 3rd Gen = 0.50; 4th+ Gen = 0.10.
1st = 1.00; 2nd = 1.50; 3rd = 2.00; 4th = 2.25; 5th+ = 2.50.
If Agency Owner A is not producing at least $112,500 net placed/month outside of Agency Owner B’s agency, then the 130 Bonus will be capped at $400,000 of Agency Owner B’s net placed production.