Plan Ledger DOL Form 5500 · updated monthly

Atlantic Bay Mortgage Group, LLCbenefits

Atlantic Bay Mortgage Group, LLC Health and Welfare Plan · VIRGINIA BEACH, VA · plan year 2024

Broker compensation reported · 2024
$177,172

Atlantic Bay Mortgage Group, LLC's benefits plans covered 630 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $177,172 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.2% from $184,996 in 2023.

Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 1,352 covered
VISION SERVICE PLAN · visionpremiums n/a · 410 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 630 covered
LEGAL RESOURCESpremiums n/a · 69 covered
Brokers & agents paid · 20244
ALERA GROUP, INC$117,037 · incl $9,039 fees
USI INSURANCE SERVIVES LLC$55,280 · incl $9,866 fees
PLANSOURCE BENEFITS ADMIN INC$2,726
USI INSURANCE SERVICES LLC$2,129 · incl $8 fees
Also brokered by Alera Group, Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541822116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.