Plan Ledger DOL Form 5500 · updated monthly

Binary Defense Systems, Inc.benefits

Binary Defense Systems Inc. Welfare Benefit Plan · STOW, OH · plan year 2024

Broker compensation reported · 2024
$170,722

Binary Defense Systems, Inc.'s benefits plan covered 265 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $170,722 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $644 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20243
COMMUNITY INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 357 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 265 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 79 covered
Brokers & agents paid · 20246
DIGITAL INSURANCE LLC$111,728 · incl $5,666 fees
ONEDIGITAL EXPRESSLINK LLC$26,643 · incl $26,643 fees
BOON CHAPMAN BENEFITS ADMIN$18,296 · incl $3,376 fees
GIS BENEFITS INC$4,482 · incl $1,783 fees
UNKNOWN$322 · incl $322 fees
GALLAGHER BENEFITS SERVICES INC$9,251 · incl $202 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 884254714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.