Plan Ledger DOL Form 5500 · updated monthly

Positive Beginnings Inc.benefits

Positive Beginnings Inc. Employee Benefits Plan · FLUSHING, NY · plan year 2024

Broker compensation reported · 2024
$92,732

Positive Beginnings Inc.'s benefits plans covered 161 active participants in 2024, providing health · life · dental · long-term disability · other. Insurance premiums totaled $1,010,627. Insurance brokers and agents were paid $92,732 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.2% of premiums. That is $576 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 28% from $72,253 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$1.0M · 71 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 241 covered
Brokers & agents paid · 20245
PROFILE BENEFITS INC$25,970 · incl $25,970 fees
MARC SPIRO & COMPANY INC$25,970 · incl $25,970 fees
DONALD C SAVOY INC$31,870 · incl $27,264 fees
MARC SPIRO & CO INC$4,611
PROFILE BENEFITS INC A BRADLEY & PA$4,311
Also brokered by Profile Benefits Inc5
Socotec, Inc NY$197,242

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 113420515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.