Plan Ledger DOL Form 5500 · updated monthly

My Fav Electronics, Inc.benefits

My Fav Electronics, Inc. Health and Welfare Benefit Plan · SKOKIE, IL · plan year 2024

Broker compensation reported · 2024
$39,216

My Fav Electronics, Inc.'s benefits plan covered 109 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $39,216 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $360 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 95 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · health dental vision life std ltd ppopremiums n/a · 109 covered
Brokers & agents paid · 20243
THE HORTON GROUP INC.$25,168 · incl $3,640 fees
GIS BENEFITS$7,776 · incl $7,776 fees
Also brokered by The Horton Group Inc.5
Jc Licht, LLC IL$191,501

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 462638459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.