Plan Ledger DOL Form 5500 · updated monthly

My Hearing Centers LLCbenefits

My Hearing Centers Welfare Plan · SANDY, UT · plan year 2024

Broker compensation reported · 2024
$59,130

My Hearing Centers LLC's benefits plans covered 115 active participants in 2024, providing health · life · long-term disability · other. Insurance brokers and agents were paid $59,130 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $514 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 106% from $28,640 in 2023.

Insurance contracts · 20246
ASSURITY LIFE INSURANCE COMPANY · lifepremiums n/a · 155 covered
THE LINCOLN NATIONAL LIFE INSURANCE CO. · lifepremiums n/a · 115 covered
THE LINCOLN NATIONAL LIFE INSURANCE CO. · ltdpremiums n/a · 64 covered
THE LINCOLN NATIONAL LIFE INSURANCE CO.premiums n/a · 57 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 195 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 278 covered
Brokers & agents paid · 20242
GBS BENEFITS INC.$31,749
GBS BENEFITS INC$27,381 · incl $2,308 fees
Also brokered by Gbs Benefits Inc.5
Chargebee, Inc. MD$175,818
Narvar, Inc. CA$66,561

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 862804088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.