Plan Ledger DOL Form 5500 · updated monthly

Optical Telecommunications, Inc.benefits

Welfare Benefits · CORAL GABLES, FL · plan year 2024

Broker compensation reported · 2024
$49,395

Optical Telecommunications, Inc.'s benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $49,395 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $402 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.8% from $46,250 in 2023.

Insurance contracts · 20244
AVMED · health drug hmopremiums n/a · 84 covered
UNITEDHEALTHCARE INSURANCE COMPANY · dental visionpremiums n/a · 168 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 123 covered
Brokers & agents paid · 20244
CENTURY ADVISORY SERVICES, INC.$41,855 · incl $5,000 fees
SINGLE POINT ENROLLMENT SOLUTIONS$3,293 · incl $1,429 fees
MICHEL GUTIERREZ AND VARIOUS AGENTS$1,456 · incl $140 fees
4 individual agents · names withheld$2,791

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Century Advisory Services, Inc.2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 562465023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.