Best Choice Products, Inc.benefits
Best Choice Products, Inc. Welfare Benefit Plan · NEWPORT BEACH, CA · plan year 2024
Broker compensation reported · 2024
$156,697
Best Choice Products, Inc.'s benefits plans covered 228 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $156,697 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $687 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
Insurance contracts · 20244
UNITEDHEALTHCARE INSURANCE COMPANY · health drug vision hmo ppopremiums n/a · 325 covered
TRANSAMERICA LIFE INSURANCE COMPANYpremiums n/a · 69 covered
LEGALPLANS, USApremiums n/a · 21 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 228 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE, LLC$142,708
MARSH AND MCLENNAN AGENCY$10,950
CENTRO BENEFITS RESEARCH, LLC$3,039 · incl $3,039 fees
Also brokered by Digital Insurance, LLC5
Mayer Brown LLP IL$566,692
Alter Trading Corporation MO$261,733
Colonial Management Group, LP FL$248,402
Roland Corporation U.S. CA$241,055
Adb Companies, Inc. MO$231,663
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 470894108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.