Plan Ledger DOL Form 5500 · updated monthly

Encanto Restaurants, Inc.benefits

Encanto Restaurants, Inc Life & Add Coverage · SAN JUAN, PR · plan year 2024

Broker compensation reported · 2024
$46,921

Encanto Restaurants, Inc.'s benefits plans covered 423 active participants in 2024, providing life · other. Insurance premiums totaled $1,074,168. Insurance brokers and agents were paid $46,921 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 $111 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.7% from $45,704 in 2023.

Insurance contracts · 20244
MCS LIFE INSURANCE COMPANY · health drug dental life ppo$934K · 319 covered
TRIPLE-S VIDA, INC. · life$68K · 423 covered
TRIPLE-S VIDA, INC · ltd$51K · 304 covered
TRIPLE-S VIDA INC. · std$21K · 152 covered
Brokers & agents paid · 20243
FULCRO INSURANCE INC$30,725
CGF INSURANCE, LLC$9,171 · incl $9,171 fees
Also brokered by Fulcro Insurance Inc5
Smg PA$40,548

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660587862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.