Plan Ledger DOL Form 5500 · updated monthly

Gateway Community Actionbenefits

Gateway Community Action Health and Welfare Benefit Plan · WEST LIBERTY, KY · plan year 2024

Broker compensation reported · 2024
$9,325

Gateway Community Action's benefits plans covered 223 active participants in 2024, providing life · dental · vision. Insurance premiums totaled $87,197. Insurance brokers and agents were paid $9,325 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.7% of premiums. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 12% from $8,363 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF KENTUCKY · dental$61K · 240 covered
STANDARD INSURANCE COMPANY · life$26K · 223 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 256 covered
Brokers & agents paid · 20241
BENEFIT INSURANCE MARKETING, INC.$9,325 · incl $243 fees
Also brokered by Benefit Insurance Marketing, Inc.5
Gray, Inc. KY$167,271

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610865874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.