Hyper Network LLCbenefits
Hyper Network LLC Welfare Benefits Plan · PINEVILLE, NC · plan year 2024
Broker compensation reported · 2024
$61,605
Hyper Network LLC's benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $61,605 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $403 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $50,956 in 2023.
Insurance contracts · 20245
UNITED HEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 123 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 153 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 41 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 42 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 125 covered
Brokers & agents paid · 20243
MAIN STREET FINANCIAL GROUP$35,530
UNITED PRODUCERS GROUP, LLC$9,184
MAIN STREET FINANCIAL GROUP INC$16,891 · incl $1,004 fees
Also brokered by Main Street Financial Group5
Duncan-Parnell, Inc NC$38,014
Ksm Castings USA Inc. NC$30,573
Stahl (USA) Inc. MA$22,567
Quality Data Systems, Inc. NC$20,009
Choice USA Beverage Inc NC$18,691
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 883072588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.