Plan Ledger DOL Form 5500 · updated monthly

Avalon Flooringbenefits

Avalon Flooring Health and Welfare Benefit Plan · CHERRY HILL, NJ · plan year 2024

Broker compensation reported · 2024
$27,632

Avalon Flooring's benefits plans covered 313 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $191,877. Insurance brokers and agents were paid $27,632 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.4% of premiums. That is $88 per covered person, below the median for employer plans that report broker pay. Broker pay fell 26% from $37,195 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF NEW JERSEY, INC. · dental$188K · 389 covered
FLAGSHIP HEALTH SYSTEMS · dental$4K · 27 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 321 covered
VISION SERVICE PLAN · visionpremiums n/a · 178 covered
Brokers & agents paid · 20244
INNOVATIVE BENEFIT PLANNING$17,229
TERRIANN PROCIDA$4,113
INNOVATIVE BENEFIT PLANNING, LLC$6,182
Also brokered by Innovative Benefit Planning5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222985143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.