Plan Ledger DOL Form 5500 · updated monthly

Driven Brands Inc.benefits

Driven Brands Inc. Health and Welfare Benefit Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$203,215

Driven Brands Inc.'s benefits plans covered 8,233 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,716,398. Insurance brokers and agents were paid $203,215 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $25 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 74% from $776,560 in 2023.

Insurance contracts · 20247
DELTA DENTAL OF NORTH CAROLINA · dental$1.7M · 5,365 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 73 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 4,612 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 26 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 2,534 covered
SUN LIFE AND HEALTH INSURANCE COMPANY · stdpremiums n/a · 34 covered
CURALINC, LLC D.B.A. CURALINC HEALTHCAREpremiums n/a · 12,542 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS ADMIN$86,043 · incl $12,270 fees
MERCER HEALTH AND BENEFITS, LLC$117,172 · incl $9 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200381531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.