Plan Ledger DOL Form 5500 · updated monthly

Paragon Micro, Inc.benefits

Paragon Micro, Inc. Welfare Plan · BUFFALO GROVE, IL · plan year 2024

Broker compensation reported · 2024
$18,174

Paragon Micro, Inc.'s benefits plans covered 147 active participants in 2024, providing life · dental · long-term disability · death benefits · other. Insurance brokers and agents were paid $18,174 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $124 per covered person, below the median for employer plans that report broker pay. Broker pay rose 52% from $11,948 in 2023.

Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · dental life ltd ppopremiums n/a · 328 covered
Brokers & agents paid · 20242
ASSUREDPARTNERS$17,461 · incl $1,241 fees
AP BENEFIT ADVISORS, LLC$713 · incl $713 fees
Also brokered by Assuredpartners5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200144408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.