Plan Ledger DOL Form 5500 · updated monthly

Innovative Concepts in Entertainment, Incbenefits

Innovative Concepts in Entertainment, Inc Welfare Benefit Plan · CLARENCE, NY · plan year 2024

Broker compensation reported · 2024
$25,403

Innovative Concepts in Entertainment, Inc's benefits plans covered 205 active participants in 2024, providing health · dental · vision · long-term disability · short-term disability · life · other. Insurance premiums totaled $96,779. Insurance brokers and agents were paid $25,403 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 26.2% of premiums. That is $124 per covered person, below the median for employer plans that report broker pay. Broker pay fell 44% from $45,494 in 2023.

Insurance contracts · 20247
FIRST UNUM LIFE INSURANCE COMPANY · ltd$32K · 187 covered
FIRST UNUM LIFE INSURANCE COMPANY · std$28K · 49 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 92 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 299 covered
Brokers & agents paid · 20245
JAMES R NELLIGAN & ASSOCIATES$7,183 · incl $3,240 fees
LAWLEY SERVICE INC$11,916
LAWLEY LLC$5,942 · incl $1,490 fees
Also brokered by James R Nelligan & Associates5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161169318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.