Plan Ledger DOL Form 5500 · updated monthly

Groelle & Salmon, P.A.benefits

Groelle & Salmon, P.A. Groelle & Salmon Health and Welfare Plan · WEST PALM BEACH, FL · plan year 2024

Broker compensation reported · 2024
$70,960

Groelle & Salmon, P.A.'s benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $895,487. Insurance brokers and agents were paid $70,960 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 $612 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 4.4% from $74,257 in 2023.

Insurance contracts · 20244
HEALTH OPTIONS INC · health drug hmo$743K · 78 covered
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug ppo$152K · 11 covered
AETNA LIFE INSURANCE COMPANY · dental visionpremiums n/a · 146 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 116 covered
Brokers & agents paid · 20242
WHIPPLE AND COMPANY$70,867
NATIONAL BENEFIT CENTER$93 · incl $93 fees
Also brokered by Whipple and Company5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 651093512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.