Plan Ledger DOL Form 5500 · updated monthly

Elite Electrical Contractorsbenefits

Elite Electrical Welfare Benefit Plan · FT. MYERS, FL · plan year 2024

Broker compensation reported · 2024
$22,662

Elite Electrical Contractors's benefits plans covered 164 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $22,662 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.2% from $24,413 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug hmopremiums n/a · 45 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision lifepremiums n/a · 160 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$22,662 · incl $1,583 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 651131867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.