Plan Ledger DOL Form 5500 · updated monthly

Health Connect America, Incbenefits

Health Connect America, Inc. Salary Reduction Plan · FRANKLIN, TN · plan year 2024

Broker compensation reported · 2024
$150,837

Health Connect America, Inc's benefits plans covered 1,286 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $440,482. Insurance brokers and agents were paid $150,837 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.2% of premiums. That is $117 per covered person, below the median for employer plans that report broker pay. Broker pay rose 5.5% from $143,038 in 2023.

Insurance contracts · 20248
DELTA DENTAL OF TENNESSEE · dental$440K · 1,219 covered
UNITED HEALTHCARE INSURANCE COMPANY · health visionpremiums n/a · 1,165 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,286 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 485 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 248 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 400 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 267 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANYpremiums n/a · 196 covered
Brokers & agents paid · 20245
CBIZ BENEFITS AND INS SERVICES INC$120,168 · incl $7,336 fees
IMA INC$674 · incl $591 fees
GALLAGHER BENEFIT SERVICES INC$345 · incl $209 fees
GALLAGHER BENEFIT SERVICE IN$293 · incl $103 fees
Also brokered by Cbiz5
Tumi, Inc. NJ$1,238,886
V2X Inc. CO$941,238

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 203858944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.