Plan Ledger DOL Form 5500 · updated monthly

Palm Beach Maritime Academy, Inc.benefits

Palm Beach Maritime Academy, Inc. Employee Benefit Plan · PALM BEACH, FL · plan year 2024

Broker compensation reported · 2024
$17,854

Palm Beach Maritime Academy, Inc.'s benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $17,854 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $162 per covered person, below the median for employer plans that report broker pay. Broker pay rose 40% from $12,753 in 2023.

Insurance contracts · 20243
UNITEDHEALTHCARE INSURANCE COMPANY · dental visionpremiums n/a · 162 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 99 covered
AFLACpremiums n/a · 52 covered
Brokers & agents paid · 20243
VARIOUS AGENTS-SEE ATTACHED$9,062 · incl $203 fees
FOUNDATION RISK PARTNERS$4,134 · incl $20 fees
FOUNDATION RISK PARTNERS CORP.$4,658 · incl $1,409 fees
Also brokered by Various Agents-See Attached5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 591540474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.