Plan Ledger DOL Form 5500 · updated monthly

Paymax Services Incbenefits

Paymax Services Inc Health and Welfare Plan · CLEVELAND, OH · plan year 2024

Broker compensation reported · 2024
$65,931

Paymax Services Inc's benefits plans covered 148 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $65,931 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $445 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.3% from $63,841 in 2023.

Insurance contracts · 20246
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 148 covered
COMMUNITY INSURANCE COMPANY · health dental vision ppopremiums n/a · 199 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 148 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 29 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 33 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 49 covered
Brokers & agents paid · 20246
NFP CORPORATE SERVICES OH INC$5,409 · incl $1,284 fees
ERC SERVICES INC$4,756
JAMES B OSWALD CO$1,141 · incl $193 fees
NFP INSURANCE SERVICES INC$535 · incl $535 fees
CENTRO BENEFITS RESEARCH LLC$641 · incl $140 fees
THE JAMES B OSWALD COMPANY$53,449 · incl $16,760 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341816901 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.