Plan Ledger DOL Form 5500 · updated monthly

Ideal Deals, LLCbenefits

Ideal Deals Welfare Benefits Plan · SAINT AUGUSTINE, FL · plan year 2024

Broker compensation reported · 2024
$36,424

Ideal Deals, LLC's benefits plans covered 99 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $504,161. Insurance brokers and agents were paid $36,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $368 per covered person, above the median for employer plans that report broker pay. Broker pay fell 20% from $45,697 in 2023.

Insurance contracts · 20243
HEALTH OPTIONS · health drug hmo$283K · 37 covered
BLUE CROSS BLUE SHIELD OF FLORIDA · health drug$221K · 19 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 99 covered
Brokers & agents paid · 20243
MFB FINANCIAL, INC. DBA THE BAILEY$25,698
MFB FINANCIAL DBA THE BAILEY GROUP$8,648
NFP CORPORATE SERVICES$2,078 · incl $2,078 fees
Also brokered by Mfb Financial, Inc. dba the Bailey5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272763577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.