Plan Ledger DOL Form 5500 · updated monthly

Olean Medical Practice, PLLCbenefits

Olean Medical Practice, PLLC Section 125 Flexible Benefit Plan · OLEAN, NY · plan year 2025

Broker compensation reported · 2025
$46,248

Olean Medical Practice, PLLC's benefits plans covered 182 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $78,274. Insurance brokers and agents were paid $46,248 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.1% of premiums. That is $254 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.8% from $48,092 in 2024.

Insurance contracts · 20254
GUARDIAN · dental vision life$67K · 190 covered
FIRST UNUM LIFE INSURANCE COMPANY · ltd$12K · 21 covered
HIGHMARK WESTERN AND NORTHEASTERN NEW YORK INC. · health drugpremiums n/a · 105 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 19 covered
Brokers & agents paid · 20251
LAWLEY LLC$46,248 · incl $2,801 fees
Also brokered by Lawley LLC5
Kaleida Health NY$400,583
Connectlife NY$75,863

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 881324896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.