Plan Ledger DOL Form 5500 · updated monthly

Clarity Innovations, LLCbenefits

Clarity Innovations, LLC Wrap Benefit Plan · COLUMBIA, MD · plan year 2024

Broker compensation reported · 2024
$93,530

Clarity Innovations, LLC's benefits plans covered 300 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $105,041. Insurance brokers and agents were paid $93,530 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 89.0% of premiums. That is $312 per covered person, above the median for employer plans that report broker pay. Broker pay fell 55% from $206,442 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · life$48K · 307 covered
STANDARD INSURANCE COMPANY · ltd$31K · 307 covered
STANDARD INSURANCE COMPANY · std$26K · 307 covered
CAREFIRST OF MARYLAND INC · health drug dentalpremiums n/a · 631 covered
STANDARD INSURANCE COMPANYpremiums n/a · 158 covered
AMERITAS LIFE INSURANCE CORP · visionpremiums n/a · 723 covered
TRUSTMARKpremiums n/a · 40 covered
Brokers & agents paid · 20246
THE MELTZER GROUP INC$62,765 · incl $44,012 fees
POTOMAC BASIN GROUP ASSOC LLC$5,646 · incl $5,646 fees
JAMES R NELLIGAN & ASSOC LLC$9,044
BENEFIT MASTERS, INC$98
Also brokered by The Meltzer Group Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 451156079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.