Plan Ledger DOL Form 5500 · updated monthly

Downtown Seattle Associationbenefits

Downtown Seattle Association Health and Welfare Plan · SEATTLE, WA · plan year 2024

Broker compensation reported · 2024
$93,656

Downtown Seattle Association's benefits plans covered 196 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $93,225. Insurance brokers and agents were paid $93,656 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 100.5% of premiums. That is $478 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 23% from $75,879 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF WASHINGTON · dental$93K · 179 covered
REGENCE BLUESHIELD · health drug vision ppopremiums n/a · 174 covered
FIRST CHOICEpremiums n/a · 196 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 179 covered
Brokers & agents paid · 20242
PROPEL INSURANCE AGENCY LLC$92,702 · incl $6,223 fees
WATCHTOWER TECHNOLOGIES INC$954 · incl $954 fees
Also brokered by Propel Insurance Agency LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 910681761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.