Plan Ledger DOL Form 5500 · updated monthly

Cypress Gulf Development Corporationbenefits

Cypress Gulf Development Corporation Welfare Benefit Plan · OLDSMAR, FL · plan year 2024

Broker compensation reported · 2024
$41,684

Cypress Gulf Development Corporation's benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $960,557. Insurance brokers and agents were paid $41,684 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $242 per covered person, above the median for employer plans that report broker pay. Broker pay fell 20% from $52,299 in 2023.

Insurance contracts · 20244
HEALTH OPTIONS, INC. · health hmo$741K · 99 covered
BLUE CROSS BLUE SHIELD OF FLORIDA · health$219K · 19 covered
HUMANA INSURANCE COMPANY · dental vision life hmo ppopremiums n/a · 114 covered
USABLE LIFE · lifepremiums n/a · 107 covered
Brokers & agents paid · 20244
PRIME GROUP INSURANCE$25,449
PRIME GROUP INSURANCE SERVICES$8,502
PRIME GROUP INSURANCE SERVICES, INC$3,932 · incl $627 fees
PRIMEGROUP INSURANCE SERVICES$3,801
Also brokered by Prime Group Insurance1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200834707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.