Plan Ledger DOL Form 5500 · updated monthly

Dana Innovations, Inc. dba Sonancebenefits

Dana Innovations Welfare Benefit Plan · SAN CLEMENTE, CA · plan year 2024

Broker compensation reported · 2024
$76,642

Dana Innovations, Inc. dba Sonance's benefits plans covered 267 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $76,642 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $287 per covered person, above the median for employer plans that report broker pay. Broker pay fell 63% from $208,996 in 2023.

Insurance contracts · 20248
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 265 covered
DELTA DENTAL OF CALIFORNIA · dentalpremiums n/a · 235 covered
VISION SERVICE PLAN · visionpremiums n/a · 216 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 3 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 267 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 266 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 261 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 81 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$76,642 · incl $4,100 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330005938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.