Plan Ledger DOL Form 5500 · updated monthly

Lynch Managment Groupbenefits

Lynch Management Welfare Plan · JACKSONVILLE, FL · plan year 2024

Broker compensation reported · 2024
$85,905

Lynch Managment Group's benefits plans covered 79 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $85,905 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,087 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 37% from $135,827 in 2023.

Insurance contracts · 20244
FLORIDA BLUE · stop-losspremiums n/a · 90 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 164 covered
USABLE LIFE · life std ltdpremiums n/a · 1,139 covered
TRUSTMARK INSURANCE COMPANYpremiums n/a · 158 covered
Brokers & agents paid · 20244
EMPLOYEE BENEFITS CONSULTANTS, INC$63,612 · incl $1,498 fees
US BENTEC WORKPLACE SOULTIONS LLC$14,847
BENEFITS TECHNOLOGIES DIVISION$4,850
PROVIDENT FINANCIAL LLC$2,596
Also brokered by Employee Benefits Consultants, Inc2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 592607387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.