Plan Ledger DOL Form 5500 · updated monthly

Connect Holding II LLC D/B/A Brightspeedbenefits

Carolina Telephone & Telegraph Co. Sickness Death Benefit Plan - Veba · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$232,005

Connect Holding II LLC D/B/A Brightspeed's benefits plans covered 177 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $3,599,245. Insurance brokers and agents were paid $232,005 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $1,311 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $177,145 in 2023.

Insurance contracts · 20243
STANDARD INSURANCE COMPANY · life$2.5M · 4,155 covered
STANDARD INSURANCE COMPANY · ltd$1.1M · 4,304 covered
STANDARD INSURANCE COMPANYpremiums n/a · 950 covered
Brokers & agents paid · 20243
ADP INC ATTN CLIENT AR #2354515$107,355 · incl $107,355 fees
ADP INC. ATTN CLIENT AR # 2354515$70,835 · incl $70,835 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 873811759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.