Plan Ledger DOL Form 5500 · updated monthly

Foundcare, Inc.benefits

Foundcare, Inc. Welfare Benefits Plan · WEST PALM BEACH, FL · plan year 2024

Broker compensation reported · 2024
$116,716

Foundcare, Inc.'s benefits plans covered 228 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,525,906. Insurance brokers and agents were paid $116,716 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 $512 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 10% from $129,695 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug ppo$941K · 71 covered
HEALTH OPTIONS · health drug hmo$585K · 85 covered
EYEMED VISION CARE · visionpremiums n/a · 254 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 173 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 242 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$116,716 · incl $14,167 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 542083748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.