Plan Ledger DOL Form 5500 · updated monthly

Amvc LLCbenefits

Amvc Health Insurance Plan · AUDUBON, IA · plan year 2024

Broker compensation reported · 2024
$50,308

Amvc LLC's benefits plans covered 577 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $5,393,342. Insurance brokers and agents were paid $50,308 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.9% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay rose 18% from $42,671 in 2023.

Insurance contracts · 20244
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health$5.4M · 577 covered
DEARNBORN LIFE INSURANCE COMPANY · lifepremiums n/a · 622 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 824 covered
DELTA VISION · visionpremiums n/a · 412 covered
Brokers & agents paid · 20245
FRANKLIN OLSEN$19,624
GALLAGHER BENEFITS SERVICES DSM$9,485 · incl $4,709 fees
KHI SOLUTIONS LLC$6,211
WELLMARK INC$4,555 · incl $4,555 fees
GALLAGHER BENEFIT SERVICES INC$10,433 · incl $3,977 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202102397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.