Plan Ledger DOL Form 5500 · updated monthly

Hope Medical Centerbenefits

Hope Medical Center · HUMACAO, PR · plan year 2023

Broker compensation reported · 2023
$20,779

Hope Medical Center's benefits plan covered 134 active participants in 2023, providing health. Insurance premiums totaled $463,526. Insurance brokers and agents were paid $20,779 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20231
FIRST MEDICAL HEALTH PLAN, INC. · health drug dental vision life ppo$464K · 134 covered
Brokers & agents paid · 20231
IKON INSURANCE, INC.$20,779
Also brokered by Ikon Insurance, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 661055490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.