Plan Ledger DOL Form 5500 · updated monthly

Alan Jay Automotive Management, Incbenefits

Alan Jay Automotive Management, Inc Employee Welfare Plan · SEBRING, FL · plan year 2024

Broker compensation reported · 2024
$143,434

Alan Jay Automotive Management, Inc's benefits plans covered 328 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,044,958. Insurance brokers and agents were paid $143,434 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.7% of premiums. That is $437 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $160,445 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug ppo$1.0M · 103 covered
METLIFE LEGAL PLANSpremiums n/a · 29 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 262 covered
USABLE LIFE · lifepremiums n/a · 328 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 151 covered
Brokers & agents paid · 20244
HYLANT GROUP, INC.$105,723 · incl $4,000 fees
GIS OF FLORIDA$817
BOON CHAPMAN BENEFIT ADMINISTRATORS$21,293 · incl $18,102 fees
GIS BENEFITS, INC.$15,601 · incl $15,601 fees
Also brokered by Hylant5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 593533025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.