Plan Ledger DOL Form 5500 · updated monthly

Arc Broward, Inc.benefits

Arc Broward, Inc. Consolidated Welfare Plan · SUNRISE, FL · plan year 2024

Broker compensation reported · 2024
$53,495

Arc Broward, Inc.'s benefits plans covered 250 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,016,017. Insurance brokers and agents were paid $53,495 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $214 per covered person, above the median for employer plans that report broker pay. Broker pay fell 19% from $65,702 in 2023.

Insurance contracts · 20242
HEALTH OPTIONS · health drug hmo ppo$1.0M · 107 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 250 covered
Brokers & agents paid · 20242
MARSH AND MCLENNAN AGENCY, LLC$51,338 · incl $3,239 fees
THE ULTIMATE SOFTWARE GROUP, INC.$2,157 · incl $2,157 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 590809623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.