Plan Ledger DOL Form 5500 · updated monthly

Advisacare Healthcare Solutions Inc.benefits

Advisacare Healthcare Solutions Inc. Welfare Benefits Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$80,052

Advisacare Healthcare Solutions Inc.'s benefits plans covered 143 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $1,227,579. Insurance brokers and agents were paid $80,052 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $560 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.6% from $81,347 in 2023.

Insurance contracts · 20243
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.0M · 121 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$192K · 16 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · health dental vision life ppopremiums n/a · 143 covered
Brokers & agents paid · 20243
J GARD BENEFITS CONSULTANT$37,604 · incl $7,405 fees
JASON GARD$36,910
VELOCITY BENEFITS$5,538 · incl $5,538 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204116785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.