Plan Ledger DOL Form 5500 · updated monthly

Coles Salonbenefits

Coles Salon Inc. Group Benefits Wrap Plan · BURNSVILLE, MN · plan year 2024

Broker compensation reported · 2024
$15,578

Coles Salon's benefits plans covered 254 active participants in 2024, providing health · life · short-term disability · dental. Insurance brokers and agents were paid $15,578 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 21% from $12,927 in 2023.

Insurance contracts · 20241
METROPOLITAN LIFE INSURANCE COMPANY (METLIFE) · dental life stdpremiums n/a · 254 covered
Brokers & agents paid · 20242
HAYS COMPANIES, LLC$11,601 · incl $1,335 fees
BROWN & BROWN INSURANCE SERVICES$3,977 · incl $99 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411424867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.