Plan Ledger DOL Form 5500 · updated monthly

Hornets Basketball, LLCbenefits

Hornets Basketball, LLC Benefit Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$42,732

Hornets Basketball, LLC's benefits plans covered 281 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $42,732 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $152 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $37,701 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · visionpremiums n/a · 489 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 281 covered
Brokers & agents paid · 20242
INSURANCE OFFICE OF AMERICA, INC.$39,604 · incl $8,590 fees
AMY LEONARD$3,128
Also brokered by Insurance Office of America, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 743074438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.