Plan Ledger DOL Form 5500 · updated monthly

Open Arms Care Corporationbenefits

Open Arms Care Corporation Health and Welfare Plan · BRENTWOOD, TN · plan year 2025

Broker compensation reported · 2025
$156,199

Open Arms Care Corporation's benefits plans covered 396 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,250,100. Insurance brokers and agents were paid $156,199 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $394 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.6% from $142,579 in 2024.

Insurance contracts · 20252
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health drug dental vision$4.3M · 671 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 396 covered
Brokers & agents paid · 20252
MICHAEL R. DAVIS$106,192
GALLAGHER BENEFIT SERVICES, INC.$50,007 · incl $5,907 fees
Also brokered by Michael R. Davis1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 581839449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.