Plan Ledger DOL Form 5500 · updated monthly

Competition Importsbenefits

Competition Imports Welfare Benefit Plan · SAINT JAMES, NY · plan year 2024

Broker compensation reported · 2024
$56,995

Competition Imports's benefits plans covered 419 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $56,995 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay rose 95% from $29,159 in 2023.

Insurance contracts · 20243
GUARDIAN · dental life ltdpremiums n/a · 419 covered
NATIONWIDE LIFE INSURANCE COMPANY · stop-losspremiums n/a · 265 covered
AETNA LIFE INSURANCE CO. · stop-losspremiums n/a · 265 covered
Brokers & agents paid · 20241
PATRIOT GROWTH INSURANCE SERVICE$56,995 · incl $22,606 fees
Also brokered by Patriot Growth Insurance Service5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 111997503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.