Plan Ledger DOL Form 5500 · updated monthly

Premium Mortgage Corporationbenefits

Health and Welfare Plan for the Employees of Premium Mortgage Corporation · ROCHESTER, NY · plan year 2024

Broker compensation reported · 2024
$76,976

Premium Mortgage Corporation's benefits plans covered 195 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $141,310. Insurance brokers and agents were paid $76,976 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.5% of premiums. That is $395 per covered person, above the median for employer plans that report broker pay. Broker pay fell 21% from $96,874 in 2023.

Insurance contracts · 20244
EXCELLUS BLUE CROSS BLUE SHIELD · dental$141K · 179 covered
EYEMED VISION CARE · visionpremiums n/a · 323 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · health life std ltdpremiums n/a · 212 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 160 covered
Brokers & agents paid · 20244
DIGITAL INSURANCE LLC$59,668 · incl $6,654 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161566654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.