Plan Ledger DOL Form 5500 · updated monthly

Compass Precision, LLCbenefits

Compass Precision, LLC Health and Welfare Benefit Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$89,566

Compass Precision, LLC's benefits plans covered 164 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $89,566 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $546 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 31% from $68,168 in 2023.

Insurance contracts · 20242
GUARDIAN · dental vision life std ltdpremiums n/a · 164 covered
BLUE CROSS BLUE SHIELD OF NORTH CAROLINA · healthpremiums n/a · 192 covered
Brokers & agents paid · 20244
KENNETH R. OLSON$45,460
MARSH & MCLENNAN AGENCY LLC$30,824 · incl $4,226 fees
N-GAGE LLC$3,103
Also brokered by Kenneth R. Olson1
Carotek, Inc. NC$32,793

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 843218137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.