Plan Ledger DOL Form 5500 · updated monthly

Grace Management Group, LLCbenefits

Grace Management Group, LLC Employee Benefit Plan · SPARTANBURG, SC · plan year 2024

Broker compensation reported · 2024
$246,826

Grace Management Group, LLC's benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $246,826 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,635 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $207,257 in 2023.

Insurance contracts · 20244
HCC LIFE INSURANCE COMPANY · health stop-losspremiums n/a · 151 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 75 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 299 covered
Brokers & agents paid · 20248
BCBS$114,827 · incl $114,827 fees
USI INSURANCE SERVICES LLC$71,225 · incl $9,011 fees
PLANNED ADMINISTRATORS INC.$43,510 · incl $35,201 fees
FIRST STOP HEALTH$8,850 · incl $8,850 fees
PRIVATE HEALTHCARE SYSTEMS, INC$5,100 · incl $5,100 fees
CREATIVE WORKSITE SOLUTIONS LLC$2,735 · incl $977 fees
OCCUNET$570 · incl $570 fees
TELADOC$9 · incl $9 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582448324 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.