Plan Ledger DOL Form 5500 · updated monthly

Poway Academy of Hair Designbenefits

Bellus Academy Welfare Benefits Plan · POWAY, CA · plan year 2024

Broker compensation reported · 2024
$72,557

Poway Academy of Hair Design's benefits plans covered 195 active participants in 2024, providing health · life · dental · vision · other · short-term disability · long-term disability. Insurance premiums totaled $114,884. Insurance brokers and agents were paid $72,557 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 63.2% of premiums. That is $372 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $61,063 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · dental$61K · 83 covered
STANDARD INSURANCE COMPANY · life$27K · 257 covered
STANDARD INSURANCE COMPANY · vision$12K · 112 covered
STANDARD INSURANCE COMPANY · std$10K · 41 covered
STANDARD INSURANCE COMPANY · ltd$6K · 22 covered
UNITED HEALTHCARE INSURANCE COMPANY · health drug hmo ppopremiums n/a · 78 covered
STANDARD INSURANCE COMPANYpremiums n/a · 72 covered
Brokers & agents paid · 20242
DOUGLAS-MCCARTY INSURANCE SERVICES$59,831 · incl $3,276 fees
Also brokered by Douglas-McCarty Insurance Services5
Dmg Corporation CA$224,708
Skb Corporation CA$61,734

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330587290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.