Plan Ledger DOL Form 5500 · updated monthly

Prophet Brand Strategy Inc.benefits

Prophet, Inc. Health and Welfare Plan · SAN FRANCISCO, CA · plan year 2024

Previously filed as Prophet Brand Strategy Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$294,783

Prophet Brand Strategy Inc.'s benefits plans covered 307 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $294,783 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $960 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.5x the $83,949 reported for 2023.

Insurance contracts · 20246
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 5 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 7 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 135 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 302 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 307 covered
UNUM INSURANCE COMPANYpremiums n/a · 185 covered
Brokers & agents paid · 20243
DAVID J. MCCLELLAN$34,396 · incl $34,396 fees
THE BALDWIN GROUP MID-ATLANTIC, LLC$257,266 · incl $19,084 fees
ARMFIELD, HARRISON & THOMAS, LLC$3,121
Also brokered by David J. McClellan5
Fila USA, Inc. MD$16,030

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 943188022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.