Plan Ledger DOL Form 5500 · updated monthly

Gabb Wirelessbenefits

Gabb Wireless Welfare Benefit Plan · LEHI, UT · plan year 2024

Broker compensation reported · 2024
$123,581

Gabb Wireless's benefits plans covered 357 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $41,742. Insurance brokers and agents were paid $123,581 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 296.1% of premiums. That is $346 per covered person, above the median for employer plans that report broker pay. Broker pay fell 15% from $144,722 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · health std ltd$42K · 357 covered
NATIONWIDE LIFE INSURANCE COMPANY · dental visionpremiums n/a · 211 covered
REGENCE BLUECROSS BLUESHIELD OF UTAH · health ppopremiums n/a · 169 covered
SUN LIFE ASSURANCE COMPANY OF CANADApremiums n/a · 75 covered
Brokers & agents paid · 20241
GBS BENEFITS INC$123,581 · incl $6,444 fees
Also brokered by Gbs Benefits Inc5
Lgaa, LLC UT$569,420
Dyno Nobel Inc. UT$227,183

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 833439108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.