Plan Ledger DOL Form 5500 · updated monthly

Dmd Management, Inc.benefits

Dmd Management, Inc. Group Insurance Plan · PARMA, OH · plan year 2024

Broker compensation reported · 2024
$72,325

Dmd Management, Inc.'s benefits plans covered 1,205 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $790,562. Insurance brokers and agents were paid $72,325 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $60 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 41% from $122,501 in 2023.

Insurance contracts · 20244
NATIONWIDE LIFE INSURANCE COMPANY · health stop-loss$499K · 808 covered
DELTA DENTAL OF OHIO · dental$291K · 834 covered
EYE MED VISION CARE · visionpremiums n/a · 1,039 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 1,241 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES INC.$71,025 · incl $6,710 fees
USI INSURANCE SERVICES LLC$1,300 · incl $1,300 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341663174 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.