Plan Ledger DOL Form 5500 · updated monthly

Elevate Aviation Groupbenefits

Elevate Aviation Group Health and Welfare Benefit Plan · SEABROOK, NH · plan year 2024

Broker compensation reported · 2024
$69,063

Elevate Aviation Group's benefits plans covered 177 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $937,130. Insurance brokers and agents were paid $69,063 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $390 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $58,979 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental$937K · 128 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 177 covered
Brokers & agents paid · 20242
MS BENEFITS LLC DBA PES ENROLLMENTS$4,626
USI INSURANCE SERVICES LLC$64,437 · incl $44,180 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161678403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.