Plan Ledger DOL Form 5500 · updated monthly

Foundation Source Philanthropic Servicesbenefits

Foundation Source Health and Welfare Plan · FAIRFIELD, CT · plan year 2024

Broker compensation reported · 2024
$208,452

Foundation Source Philanthropic Services's benefits plans covered 292 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $208,452 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $714 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 54% from $453,843 in 2023.

Insurance contracts · 20242
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 292 covered
AETNA LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 492 covered
Brokers & agents paid · 20241
PROCYON BENEFITS, LLC$208,452 · incl $167,138 fees
Also brokered by Procyon Benefits, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 510398347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.