Plan Ledger DOL Form 5500 · updated monthly

Group Management Servicesbenefits

Group Management Services Health Plan · EAGAN, MN · plan year 2024

Broker compensation reported · 2024
$934,526

Group Management Services's benefits plans covered 14,729 active participants in 2024, providing health. Insurance brokers and agents were paid $934,526 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.3x the $285,507 reported for 2023.

Insurance contracts · 202411
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 314 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 314 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 13,821 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 3,176 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 4,064 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,843 covered
ZURICH AMERICAN INSURANCE COMPANY · healthpremiums n/a · 20 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 5,999 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 8,082 covered
METLIFE LEGAL PLANSpremiums n/a · 1,034 covered
PET ASSURE CORP DBA PET BENEFIT SOLUTIONSpremiums n/a · 880 covered
Brokers & agents paid · 20245
LOCKTON COMPANIES LLC$746,877 · incl $92,077 fees
GROUP BENEFITS SOLUTIONS$8,556
HOORAY HEALTH LLC$6,412
GROUP BENEFIT SOLUTIONS LLC$170,116
PRISM HR$2,565
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341707723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.