Plan Ledger DOL Form 5500 · updated monthly

Innovative Educational Programs LLCbenefits

Innovative Educational Programs Benefit Plan · BASKING RIDGE, NJ · plan year 2023

Broker compensation reported · 2023
$62,456

Innovative Educational Programs LLC's benefits plan covered 98 active participants in 2023, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $62,456 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $637 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20233
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 76 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 98 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 67 covered
Brokers & agents paid · 20233
DONALD C. SAVOY INC.$12,218 · incl $12,218 fees
SAVOY ASSOCIATES$840 · incl $840 fees
Also brokered by Wtw5

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 223515155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.