Plan Ledger DOL Form 5500 · updated monthly

Manati Medical Centerbenefits

Manati Medical Group Life Plan · MANATI, PR · plan year 2024

Broker compensation reported · 2024
$204,162

Manati Medical Center's benefits plans covered 1,139 active participants in 2024, providing life · other. Insurance premiums totaled $3,694,609. Insurance brokers and agents were paid $204,162 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $179 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.1x the $66,169 reported for 2023.

Insurance contracts · 20242
MCS LIFE INSURANCE COMPANY · health drug dental life ppo$3.7M · 909 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 1,139 covered
Brokers & agents paid · 20243
FEDELTA, LLC$182,882 · incl $36,576 fees
FULCRO INSURANCE INC$16,369
INNOVA INSURANCE SERVICES INC$4,911 · incl $4,911 fees
Also brokered by Fedelta, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660531550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.