Plan Ledger DOL Form 5500 · updated monthly

Office Basics, Inc.benefits

Office Basics, Inc. Employee Benefit Plan · BOOTHWYN, PA · plan year 2024

Broker compensation reported · 2024
$19,197

Office Basics, Inc.'s benefits plan covered 139 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $66,107. Insurance brokers and agents were paid $19,197 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.0% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · std$24K · 47 covered
STANDARD INSURANCE COMPANY · life$17K · 139 covered
STANDARD INSURANCE COMPANY · ltd$16K · 43 covered
VISION BENEFITS OF AMERICA · vision$10K · 99 covered
UNITED HEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 174 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 167 covered
STANDARD INSURANCE COMPANYpremiums n/a · 4 covered
Brokers & agents paid · 20241
BGRAND BENEFITS LLC$19,197 · incl $2,414 fees
Also brokered by Bgrand Benefits LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232474862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.