Plan Ledger DOL Form 5500 · updated monthly

Margate Health & Rehab Center, LLC & Affiliatesbenefits

Margate Health & Rehab Center Welfare Benefits Plan · HENDERSON, NC · plan year 2024

Broker compensation reported · 2024
$26,194

Margate Health & Rehab Center, LLC & Affiliates's benefits plans covered 77 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $29,463. Insurance brokers and agents were paid $26,194 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 88.9% of premiums. That is $340 per covered person, above the median for employer plans that report broker pay. Broker pay fell 36% from $40,993 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · dental$26K · 49 covered
STANDARD INSURANCE COMPANY · life$4K · 146 covered
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 62 covered
Brokers & agents paid · 20244
JEFFREY PATTEN$19,709
THE BENEFIT COMPANY INC$2,183 · incl $356 fees
Also brokered by Jeffrey Patten1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202886902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.