Plan Ledger DOL Form 5500 · updated monthly

Neomed Center Inc.benefits

Neomed Center Inc. Health Plan · GURABO, PR · plan year 2024

Broker compensation reported · 2024
$75,996

Neomed Center Inc.'s benefits plans covered 337 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $1,279,395. Insurance brokers and agents were paid $75,996 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $226 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $68,610 in 2023.

Insurance contracts · 20241
MCS LIFE INSURANCE COMPANY · health drug dental vision life ppo$1.3M · 337 covered
Brokers & agents paid · 20242
POPULAR RISK SERVICES LLC$63,330
CGF INSURANCE LLC$12,666 · incl $12,666 fees
Also brokered by Popular Risk Services LLC5
Popular, Inc. PR$320,394
Rsm Puerto Rico PR$52,433

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660485440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.