Plan Ledger DOL Form 5500 · updated monthly

First Step of Sarasota Inc.benefits

First Step of Sarasota Cafeteria & Erisa Wrap Plan · SARASOTA, FL · plan year 2023

Broker compensation reported · 2023
$95,301

First Step of Sarasota Inc.'s benefits plan covered 199 active participants in 2023, providing health · other · life · dental · vision · short-term disability. Insurance premiums totaled $1,409,499. Insurance brokers and agents were paid $95,301 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $479 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20234
BLUECROSS BLUESHIELD OF FLORIDA · health$1.3M · 110 covered
HEALTH OPTIONS · health drug hmo$111K · 16 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 58 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision lifepremiums n/a · 200 covered
Brokers & agents paid · 20233
WALLACE WELCH & WILLINGHAM INC$87,765 · incl $4,655 fees
WATCHTOWER BENEFITS$1,969
BOYD INS & INVESTMENT SVCS INC$5,567
Also brokered by Wallace Welch & Willingham Inc5
Madico, Inc. FL$162,637

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 591304472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.