Plan Ledger DOL Form 5500 · updated monthly

Hood Automotivebenefits

Hood Automotive Employee Benefit Plan & Trust · AMITE, LA · plan year 2024

Broker compensation reported · 2024
$101,752

Hood Automotive's benefits plans covered 93 active participants in 2024, providing health · dental · vision · other. Insurance brokers and agents were paid $101,752 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,094 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 193% from $34,751 in 2023.

Insurance contracts · 20245
AMERITAS · dental visionpremiums n/a · 93 covered
EQUITABLEpremiums n/a · 93 covered
INTERNATIONAL ASSURANCE OF TENNESSEE · health drug stop-losspremiums n/a · 93 covered
MEDICAL HELPLINEpremiums n/a · 93 covered
VERITY · ppopremiums n/a · 93 covered
Brokers & agents paid · 20241
IMA, INC.$101,752 · incl $55,824 fees
Also brokered by Ima5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 720504581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.