Plan Ledger DOL Form 5500 · updated monthly

Guardian Independent Operator Association, Inc.benefits

Gioa Benefit Trust Fund · KENNESAW, GA · plan year 2024

Broker compensation reported · 2024
$1,358,055

Guardian Independent Operator Association, Inc.'s benefits plans covered 21,519 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $1,966,780. Insurance brokers and agents were paid $1,358,055 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.0% of premiums. That is $63 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.3% from $1,340,071 in 2023.

Insurance contracts · 20247
THE STANDARD INSURANCE COMPANY · ltd$2.0M · 930 covered
BLUE CROSS BLUE SHIELD HEALTHCARE PLAN OF GEORGIA, INC. · health drug dental vision ppopremiums n/a · 18,031 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 13,971 covered
HARTFORD LIFE AND ACCIDENT · life stdpremiums n/a · 4,111 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 21,519 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 934 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 934 covered
Brokers & agents paid · 20244
MERCER HEALTH & BENEFITS LLC$1,169,319 · incl $29,173 fees
MERCER HEALTH & BENEFITS ADMIN$169,845 · incl $52,117 fees
MERCER HUMAN RESOURCE CONSULTING$17,380 · incl $17,380 fees
BENEFITSTORE INC. DBA BENEFITFOCUS$1,511
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 851854365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.