Plan Ledger DOL Form 5500 · updated monthly

General Floor Industries, Inc.benefits

General Floor Industries Health and Welfare Benefits Plan · BELLMAWR, NJ · plan year 2024

Broker compensation reported · 2024
$8,296

General Floor Industries, Inc.'s benefits plans covered 102 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $8,759. Insurance brokers and agents were paid $8,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 94.7% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay fell 65% from $23,432 in 2023.

Insurance contracts · 20247
VISION BENEFITS OF AMERICA · vision$9K · 100 covered
AETNA INC · dentalpremiums n/a · 102 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 28 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 8 covered
UNUM INSURANCE COMPANYpremiums n/a · 12 covered
UNUM INSURANCE COMPANYpremiums n/a · 5 covered
UNUM INSURANCE COMPANYpremiums n/a · 9 covered
Brokers & agents paid · 20244
INNOVATIVE BENEFIT PLANNING, LLC$594 · incl $594 fees
ANDUS LLC$6,472 · incl $3,473 fees
INNOVATIVE BENEFIT PLANNING LLC$1,156 · incl $67 fees
INNOVATIVE BENEFIT PLANNING$74
Also brokered by Innovative Benefit Planning, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223210125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.