Plan Ledger DOL Form 5500 · updated monthly

Guitar Center, Inc.benefits

Guitar Center, Inc. Health and Welfare Plan · WESTLAKE VILLAGE, CA · plan year 2024

Broker compensation reported · 2024
$103,630

Guitar Center, Inc.'s benefits plans covered 6,246 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $103,630 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 13% from $118,451 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF CALIFORNIA · dentalpremiums n/a · 5,704 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drug dental visionpremiums n/a · 16 covered
UNUM INSURANCE COMPANYpremiums n/a · 1,211 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 6,246 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$78,250 · incl $33,480 fees
PLANSOURCE BENEFIT ADMINISTRATORS$25,380
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 854210591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.