Plan Ledger DOL Form 5500 · updated monthly

Olson's Greenhousebenefits

Olson's Greenhouse Gardens, Inc. Health & Welfare Plans · SALEM, UT · plan year 2024

Broker compensation reported · 2024
$120,839

Olson's Greenhouse's benefits plans covered 395 active participants in 2024, providing health · life · other · short-term disability. Insurance brokers and agents were paid $120,839 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $306 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $98,616 in 2023.

Insurance contracts · 20243
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 395 covered
SYMETRA LIFE INSURANCE COMPANY · stdpremiums n/a · 220 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 379 covered
Brokers & agents paid · 20242
GBS BENEFITS INC$119,926 · incl $6,123 fees
CORNERSTONE ASSUR GROUP$913 · incl $913 fees
Also brokered by Gbs Benefits Inc5
Lgaa, LLC UT$569,420
Dyno Nobel Inc. UT$227,183

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870486265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.