Plan Ledger DOL Form 5500 · updated monthly

Gms Mine Repair & Maintenance, Inc.benefits

Gms Mine Repair & Maintenance, Inc. Employee Life Insurance Plan · MT. LAKE PARK, MD · plan year 2024

Broker compensation reported · 2024
$82,767

Gms Mine Repair & Maintenance, Inc.'s benefits plans covered 983 active participants in 2024, providing life · dental · vision · death benefits. Insurance premiums totaled $68,968. Insurance brokers and agents were paid $82,767 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 120.0% of premiums. That is $84 per covered person, below the median for employer plans that report broker pay. Broker pay rose 120% from $37,654 in 2023.

Insurance contracts · 202412
UNUM LIFE INSURANCE COMPANY OF AMERICA · life$69K · 832 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 100 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 100 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 100 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 100 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 100 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 100 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 360 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 983 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 298 covered
SOLSTICE BENEFITS, INC. · dental visionpremiums n/a · 792 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 917 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES LLC$75,499 · incl $12,491 fees
THE CASON GROUP, INC.$4,478 · incl $499 fees
THE CASON GROUP LLC$2,790 · incl $2,790 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521908118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.