Plan Ledger DOL Form 5500 · updated monthly

Clever Devices LTDbenefits

Clever Devices LTD Health & Welfare Benefit Plan · WOODBURY, NY · plan year 2024

Broker compensation reported · 2024
$101,101

Clever Devices LTD's benefits plans covered 450 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $101,101 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $225 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $88,914 in 2023.

Insurance contracts · 20242
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 439 covered
Brokers & agents paid · 20242
STERLING & STERLING$78,383
PROFESSIONAL GROUP PLANS INC$22,718 · incl $22,718 fees
Also brokered by Sterling & Sterling2

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 112908781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.