Plan Ledger DOL Form 5500 · updated monthly

Community Asset Managementbenefits

Community Asset Management, LLC dba Hoamco Welfare Benefit Plan · PRESCOTT, AZ · plan year 2024

Broker compensation reported · 2024
$40,007

Community Asset Management's benefits plans covered 240 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $40,007 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $167 per covered person, below the median for employer plans that report broker pay. Brokers were paid 14.2x the $2,821 reported for 2023.

Insurance contracts · 20241
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 369 covered
Brokers & agents paid · 20243
MJ INSURANCE$21,494 · incl $140 fees
GIS BENEFITS, INC.$11,678 · incl $3,337 fees
BOON CHAPMAN BENEFIT ADMINISTRATORS$6,835 · incl $6,835 fees
Also brokered by Mj Insurance5
Hopebridge, LLC IN$291,297

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 860807184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.