Plan Ledger DOL Form 5500 · updated monthly

Life Protect 24/7 Inc.benefits

Life Protect 24/7 Inc. Welfare Benefits Plan · NORFOLK, VA · plan year 2024

Broker compensation reported · 2024
$22,061

Life Protect 24/7 Inc.'s benefits plans covered 745 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $22,061 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 29% from $31,019 in 2023.

Insurance contracts · 20246
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 745 covered
SENTARA HEALTH PLANS, INC. · healthpremiums n/a · 109 covered
SENTARA HEALTH PLANS, INC. · healthpremiums n/a · 67 covered
SHIC PPO · health ppopremiums n/a · 27 covered
SHIC OOA IND · healthpremiums n/a · 19 covered
SENTARA ADVANTAGE POS M/C · healthpremiums n/a · 18 covered
Brokers & agents paid · 20241
DIGITAL INSURANCE LLC$22,061 · incl $51 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 461738510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.