Plan Ledger DOL Form 5500 · updated monthly

Innovative Life Solutions, Inc.benefits

Innovative Life Solutions, Inc. Welfare Benefit Plan · SILVER SPRING, MD · plan year 2024

Broker compensation reported · 2024
$74,042

Innovative Life Solutions, Inc.'s benefits plans covered 423 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $74,042 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $175 per covered person, below the median for employer plans that report broker pay. Broker pay rose 22% from $60,698 in 2023.

Insurance contracts · 20242
GROUP HOSPITALIZATION MEDICAL SERVICES, INC. · health drug dental vision hmo ppopremiums n/a · 160 covered
Brokers & agents paid · 20244
THE MELTZER GROUP INC$54,803 · incl $52,484 fees
POTOMAC BASIN GROUP ASSOC LLC$11,882 · incl $11,882 fees
THE MELTZER GROUP, INC.$5,739 · incl $885 fees
JAMES R. NELLIGAN ASSOCIATES, LLC$1,618 · incl $1,618 fees
Also brokered by The Meltzer Group Inc5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200088662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.