Plan Ledger DOL Form 5500 · updated monthly

Family Life Academy Charter Schoolbenefits

Family Life Academy Charter School Employee Benefits Plan · BRONX, NY · plan year 2024

Broker compensation reported · 2024
$133,797

Family Life Academy Charter School's benefits plans covered 312 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,751,101. Insurance brokers and agents were paid $133,797 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $429 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 4.6% from $127,872 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$1.8M · 194 covered
ANTHEM BLUE CROSS · dental visionpremiums n/a · 240 covered
COMPANION LIFE INSURANCE COMPANY · lifepremiums n/a · 292 covered
MUTUAL OF OMAHA INSURANCE COMPANY · life std ltdpremiums n/a · 292 covered
Brokers & agents paid · 20241
CORPORATE SYNERGIES GROUP LLC$133,797 · incl $121,584 fees
Also brokered by Corporate Synergies Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 134170389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.