Diverse Concepts, LLCbenefits
Diverse Concepts, LLC · KNOXVILLE, TN · plan year 2024
Diverse Concepts, LLC's benefits plans covered 280 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,471,983. Insurance brokers and agents were paid $37,421 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay fell 65% from $107,511 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043803020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.