Plan Ledger DOL Form 5500 · updated monthly

Brightside Benefit Inc.benefits

Brightside Benefit Inc. Plan #3 · CHANDLER, AZ · plan year 2024

Broker compensation reported · 2024
$121,067

Brightside Benefit Inc.'s benefits plans covered 227 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $93,814. Insurance brokers and agents were paid $121,067 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 129.1% of premiums. That is $533 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 75% from $69,377 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · std$38K · 213 covered
STANDARD INSURANCE COMPANY · ltd$28K · 214 covered
STANDARD INSURANCE COMPANY · life$28K · 214 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 379 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental ppopremiums n/a · 383 covered
VISION SERVICE PLAN · visionpremiums n/a · 173 covered
Brokers & agents paid · 20246
EVCO INSURANCE SERVICES, INC.$81,762
EVCO INSURANCE SERVICES, INC$18,539 · incl $3,311 fees
CENTERSTONE INSURANCE AND$8,793 · incl $8,793 fees
EVCO INSURANCE SERVICES INC$7,127 · incl $1,013 fees
CENTERSTONE INS FIN SERVICE$4,686
Also brokered by Evco Insurance Services, Inc.3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 815108781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.