Plan Ledger DOL Form 5500 · updated monthly

Moon Lake Electric Association Inc.benefits

Moon Lake Electric Association Inc. Welfare Plan · ROOSEVELT, UT · plan year 2025

Broker compensation reported · 2025
$122,464

Moon Lake Electric Association Inc.'s benefits plans covered 112 active participants in 2025, providing dental · other · vision · life · long-term disability · short-term disability · health. Insurance premiums totaled $124,280. Insurance brokers and agents were paid $122,464 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 98.5% of premiums. That is $1,093 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.5% from $120,704 in 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · life std ltd$124K · 112 covered
AMERITAS LIFE INSURANCE COMPANY · dentalpremiums n/a · 96 covered
NATIONAL GUARDIAN LIFE INSURANCE COMPANY · visionpremiums n/a · 281 covered
RELIANCE STANDARDpremiums n/a · 56 covered
RELIANCE STANDARDpremiums n/a · 38 covered
SELECTHEALTH · health hmopremiums n/a · 361 covered
Brokers & agents paid · 20252
GBS BENEFITS$104,048 · incl $16,931 fees
GBS BENEFITS INC$18,416 · incl $47 fees
Also brokered by Gbs Benefits5
Jobnimbus, LLC UT$102,853

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 870154903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.