Plan Ledger DOL Form 5500 · updated monthly

Brady Martz & Associates, PCbenefits

Brady Martz & Associates, PC Health and Welfare Benefit Plan · GRAND FORKS, ND · plan year 2024

Broker compensation reported · 2024
$44,071

Brady Martz & Associates, PC's benefits plans covered 365 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $180,949. Insurance brokers and agents were paid $44,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.4% of premiums. That is $121 per covered person, below the median for employer plans that report broker pay. Broker pay rose 33% from $33,025 in 2023.

Insurance contracts · 20243
STANDARD INSURANCE COMPANY · std ltd$181K · 365 covered
STARMOUNT LIFE INSURANCE COMPANY · dentalpremiums n/a · 149 covered
VISION SERVICE PLAN · visionpremiums n/a · 185 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES LLC$36,550 · incl $4,459 fees
N-GAGE, LLC$4,069
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 450310328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.