Plan Ledger DOL Form 5500 · updated monthly

Home of Hope, Inc.benefits

Home of Hope Inc. Welfare Benefit Plan · VINITA, OK · plan year 2023

Broker compensation reported · 2023
$27,221

Home of Hope, Inc.'s benefits plan covered 413 active participants in 2023, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $63,226. Insurance brokers and agents were paid $27,221 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.1% of premiums. That is $66 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20235
DELTA DENTAL · dental$63K · 113 covered
COMMUNITY CARE · health drug hmo ppopremiums n/a · 104 covered
DEARBORN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 281 covered
VISION SERVICE PLAN · visionpremiums n/a · 115 covered
COMMUNITY CAREpremiums n/a · 335 covered
Brokers & agents paid · 20232
SUMMIT FINANCIAL GROUP$26,145 · incl $20,502 fees
SUMMIT FINANCIAL GROUP, INC.$1,076
Also brokered by Summit Financial Group5
Maccor Inc. OK$76,193

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 736119494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.