Plan Ledger DOL Form 5500 · updated monthly

Gem Innovation Schoolsbenefits

Gem Innovation Schools Employee Benefit Plan · DEARY, ID · plan year 2024

Broker compensation reported · 2024
$72,383

Gem Innovation Schools's benefits plans covered 141 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,825,192. Insurance brokers and agents were paid $72,383 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $513 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $61,316 in 2023.

Insurance contracts · 20245
BLUE CROSS OF IDAHO HEALTH SERVICE, INC. · health$1.7M · 296 covered
DELTA DENTAL OF IDAHO · dental$125K · 117 covered
WILLAMETTE DENTAL OF IDAHO, INC. · dental$28K · 75 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 93 covered
UNITED HERITAGE LIFE INSURANCE COMPANY · visionpremiums n/a · 178 covered
Brokers & agents paid · 20246
JOSHUA PETERSON$31,055 · incl $5,280 fees
WESLEY OLIVER$24,600
PAYNEWEST INSURANCE$6,261
WES OLIVER$2,913
PAYNEWEST INSURANCE INC, A MARSH$1,416

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 412144838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.