Plan Ledger DOL Form 5500 · updated monthly

Elemental Management Groupbenefits

Elemental Management Group Health and Welfare Plan · OSWEGO, NY · plan year 2024

Broker compensation reported · 2024
$55,924

Elemental Management Group's benefits plans covered 145 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,260,119. Insurance brokers and agents were paid $55,924 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $386 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $46,954 in 2023.

Insurance contracts · 20243
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$1.2M · 145 covered
EXCELLUS BLUE CROSS BLUE SHIELD · dental$72K · 142 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 193 covered
Brokers & agents paid · 20241
ONE GROUP NY, INC$55,924
Also brokered by One Group Ny, Inc2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 823203908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.