Plan Ledger DOL Form 5500 · updated monthly

Packard Medical Group, Inc.benefits

Packard Medical Group Benefit Plan · PALO ALTO, CA · plan year 2024

Broker compensation reported · 2024
$205,350

Packard Medical Group, Inc.'s benefits plans covered 162 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $205,350 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,268 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 40% from $146,517 in 2023.

Insurance contracts · 20243
BLUE SHIELD OF CALIFORNIA · health drug hmo ppopremiums n/a · 389 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 161 covered
COMBINED INSURANCE · lifepremiums n/a · 174 covered
Brokers & agents paid · 20244
SUSPVITA INSURANCE ASSOCIATES, INC.$150,003 · incl $150,003 fees
VITA INSURANCE ASSOCIATES, INC.$41,577
LONG TERM CARE SOLUTIONS$9,639
VITA INSURANCE ASSOCIATES$4,131
Also brokered by Suspvita Insurance Associates, Inc.1
Eo Products CA$12,383

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 352420096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.