Plan Ledger DOL Form 5500 · updated monthly

Effex Management Solutions, LLCbenefits

Effex Management Solutions, LLC Essential Staff Care · KINGWOOD, TX · plan year 2024

Broker compensation reported · 2024
$220,128

Effex Management Solutions, LLC's benefits plans covered 464 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $220,128 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $474 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.7% from $204,316 in 2023.

Insurance contracts · 20243
BCS LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 654 covered
FOUR EVER LIFE INSURANCE COMPANY · life stdpremiums n/a · 464 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision life ppopremiums n/a · 118 covered
Brokers & agents paid · 20243
INSURANCE APPLICATIONS GROUP$125,046
PLANNED ADMINISTRATORS, INC.$74,571 · incl $74,571 fees
USI SOUTHWEST, INC.$20,511 · incl $15,375 fees
Also brokered by Insurance Applications Group5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272222855 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.