Plan Ledger DOL Form 5500 · updated monthly

Park Place International LLC dba Cloudwavebenefits

Park Place International, LLC dba Cloudwave Welfare Benefit Plan · MARLBOROUGH, MA · plan year 2024

Broker compensation reported · 2024
$75,292

Park Place International LLC dba Cloudwave's benefits plans covered 143 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $2,769,608. Insurance brokers and agents were paid $75,292 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $527 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 20% from $94,291 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health dental$2.8M · 139 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 143 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY (EYEMED) · visionpremiums n/a · 140 covered
Brokers & agents paid · 20243
INNOVO BENEFITS GROUP LLC$50,727
INNOVO BENEFITS GROUP$22,276
Also brokered by Innovo Benefits Group LLC5
Cushing Academy MA$57,069

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 271322377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.