Plan Ledger DOL Form 5500 · updated monthly

Black Cape Incbenefits

Principal Life Insurance Company · ARLINGTON, VA · plan year 2024

Broker compensation reported · 2024
$34,145

Black Cape Inc's benefits plans covered 163 active participants in 2024, providing vision · life · long-term disability · short-term disability · other · dental. Insurance premiums totaled $144,637. Insurance brokers and agents were paid $34,145 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.6% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay rose 16% from $29,314 in 2023.

Insurance contracts · 20242
DELTA DENTAL OF VIRGINIA · dental$145K · 292 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 297 covered
Brokers & agents paid · 20241
SYNERGY GROUP BENEFITS INC$34,145
Also brokered by Synergy Group Benefits Inc5
Mfgs, Inc. VA$37,513

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 823614228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.