Plan Ledger DOL Form 5500 · updated monthly

Health Inc Benefit Planbenefits

Health Inc Section 125 Cafeteria Plan · SIOUX CITY, IA · plan year 2024

Broker compensation reported · 2024
$58,763

Health Inc Benefit Plan's benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $96,889. Insurance brokers and agents were paid $58,763 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.6% of premiums. That is $544 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 14% from $67,966 in 2023.

Insurance contracts · 20247
WELLMARK BLUE CROSS BLUE SHIELD OF IOWA · dental$97K · 116 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 195 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 153 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 153 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · stdpremiums n/a · 95 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 149 covered
UNITED HEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 187 covered
Brokers & agents paid · 20245
WELLMARK BLUE CROSS BLUE SHIELD$2,836
GALLAGHER BENEFIT SERVICES, INC$55,091 · incl $29,685 fees
INNOVATIVE BENEFIT CONSULTANTS$454
WELLMARK, INC$76
Individual agent · names withheld$306

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Wellmark Blue Cross Blue Shield1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311712115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.