Plan Ledger DOL Form 5500 · updated monthly

Paragon Safety Group LLCbenefits

Paragon Safety Group LLC Employee Benefit Plan · RALEIGH, NC · plan year 2024

Broker compensation reported · 2024
$25,207

Paragon Safety Group LLC's benefits plans covered 54 active participants in 2024, providing health. Insurance premiums totaled $174,801. Insurance brokers and agents were paid $25,207 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.4% of premiums. That is $467 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 25% from $20,192 in 2023.

Insurance contracts · 20241
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health stop-loss ppo$175K · 54 covered
Brokers & agents paid · 20242
THE CASON GROUP$7,031 · incl $7,031 fees
Also brokered by Ebenconcepts Company5
Strata-G, LLC TN$132,797

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 454537819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.