Plan Ledger DOL Form 5500 · updated monthly

1-800 Contactsbenefits

1-800 Contacts Welfare Plan · DRAPER, UT · plan year 2024

Broker compensation reported · 2024
$61,474

1-800 Contacts's benefits plans covered 1,410 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $61,474 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $44 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 22% from $50,461 in 2023.

Insurance contracts · 20243
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 1,273 covered
BLOOMQUIST HALE CONSULTING, INC.premiums n/a · 1,410 covered
UNUM INSURANCE COMPANYpremiums n/a · 311 covered
Brokers & agents paid · 20244
GBS BENEFITS, INC.$50,023 · incl $2,750 fees
LEAVITT GROUP$6,327 · incl $6,327 fees
UNKNOWN$4,262
FRED A. MORETON & COMPANY$862 · incl $862 fees
Also brokered by Gbs Benefits, Inc.5
Skywest, Inc UT$1,033,175

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870571643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.