Plan Ledger DOL Form 5500 · updated monthly

Great Clips, Inc.benefits

Great Clips, Inc. Life Plan · MINNEAPOLIS, MN · plan year 2025

Broker compensation reported · 2025
$133,041

Great Clips, Inc.'s benefits plans covered 260 active participants in 2025, providing life · death benefits. Insurance brokers and agents were paid $133,041 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $512 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $114,176 in 2024.

Insurance contracts · 20254
HEALTHPARTNERS INSURANCE COMPANY · health drugpremiums n/a · 346 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 260 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 260 covered
Brokers & agents paid · 20251
GALLAGHER BENEFIT SERVICES, INC.$133,041 · incl $3,737 fees
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411430345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.