Plan Ledger DOL Form 5500 · updated monthly

Business Operational Concepts, LLCbenefits

Business Operational Concepts, LLC Wrap Benefit Plan · COLUMBIA, MD · plan year 2024

Broker compensation reported · 2024
$38,835

Business Operational Concepts, LLC's benefits plans covered 91 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $38,835 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $427 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 10% from $35,235 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 76 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 91 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 91 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 91 covered
Brokers & agents paid · 20241
DAVEVIC BENEFIT CONSULTANTS INC.$38,835 · incl $26,600 fees
Also brokered by Davevic Benefit Consultants Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 262778053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.