Plan Ledger DOL Form 5500 · updated monthly

Electra Link, Inc.benefits

Electra Link, Inc. Health and Wellness Plan · SPRING, TX · plan year 2024

Broker compensation reported · 2024
$23,780

Electra Link, Inc.'s benefits plans covered 237 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $23,780 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay rose 21% from $19,648 in 2023.

Insurance contracts · 20242
SYMETRA LIFE INSURANCE COMPANYpremiums n/a · 237 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 203 covered
Brokers & agents paid · 20241
EDGEWOOD PARTNERS INSURANCE CENTER$23,780 · incl $1,827 fees
Also brokered by Edgewood Partners Insurance Center5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760151304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.