Plan Ledger DOL Form 5500 · updated monthly

Grace Management, Inc.benefits

Grace Management - 2 Health & Welfare Plan · SAN MATEO, CA · plan year 2024

Broker compensation reported · 2024
$35,361

Grace Management, Inc.'s benefits plans covered 166 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $447,104. Insurance brokers and agents were paid $35,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $213 per covered person, above the median for employer plans that report broker pay. Broker pay fell 27% from $48,659 in 2023.

Insurance contracts · 20247
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health drug$423K · 87 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · dental$25K · 88 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · visionpremiums n/a · 87 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 81 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · health drugpremiums n/a · 104 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 158 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 158 covered
Brokers & agents paid · 20242
FCE BENEFIT ADMINISTRATORS, INC.$34,825 · incl $1,482 fees
FCE BENEFIT ADMINISTRATORS INC.$536
Also brokered by Fce Benefit Administrators, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 262537582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.