Plan Ledger DOL Form 5500 · updated monthly

Avantic Lodging Enterprises, Inc.benefits

Avantic Lodging Enterprises, Inc. Employee Benefit Plan · WICHITA, KS · plan year 2023

Broker compensation reported · 2023
$90,726

Avantic Lodging Enterprises, Inc.'s benefits plan covered 959 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $95,041. Insurance brokers and agents were paid $90,726 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 95.5% of premiums. That is $95 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20237
STANDARD INSURANCE COMPANY · life$50K · 205 covered
STANDARD INSURANCE COMPANY · ltd$24K · 95 covered
STANDARD INSURANCE COMPANY · std$21K · 89 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 305 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 959 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 207 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 303 covered
Brokers & agents paid · 20232
PELNIK INS A MARSH & MCLENNAN AGCY$71,964 · incl $67,970 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$2,648,319

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 842559601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.