Plan Ledger DOL Form 5500 · updated monthly

Modernizing Medicine, Inc.benefits

Modernizing Medicine, Inc. Health & Welfare Benefits Plan · BOCA RATON, FL · plan year 2024

Broker compensation reported · 2024
$203,839

Modernizing Medicine, Inc.'s benefits plans covered 1,580 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $203,839 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $129 per covered person, below the median for employer plans that report broker pay. Broker pay fell 19% from $251,347 in 2023.

Insurance contracts · 20245
VISION SERVICE PLAN · visionpremiums n/a · 1,405 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 1,580 covered
AETNA INTERNATIONALpremiums n/a · 15 covered
DELTA DENTAL INSURANCE COMPANY · dentalpremiums n/a · 2,781 covered
Brokers & agents paid · 20245
MERCER HEALTH AND BENEFITS, LLC$17,295 · incl $14,389 fees
BARRY OLFERN AND ASSOC, INC.$3,423
INSURANCE OFFICE OF AMERICA, INC.$272
THOMPSON SUCCESS PARTNERS, INC.$89
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272070905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.