Plan Ledger DOL Form 5500 · updated monthly

Providence Medical Group, Inc.benefits

Providence Medical Group Inc Welfare Benefit Plan · DAYTON, OH · plan year 2024

Broker compensation reported · 2024
$36,586

Providence Medical Group, Inc.'s benefits plans covered 81 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $31,311. Insurance brokers and agents were paid $36,586 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 116.8% of premiums. That is $452 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 7.4% from $39,502 in 2023.

Insurance contracts · 20246
DENTAL CARE PLUS · dental ppo$31K · 135 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 88 covered
EYEMED VISION CARE · visionpremiums n/a · 127 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · stop-losspremiums n/a · 72 covered
RXBENEFITS, INC · drugpremiums n/a · 71 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 72 covered
Brokers & agents paid · 20245
MCGOHAN/BRABENDER AGENCY INC$28,637
RXBENEFITS, INC.$2,005 · incl $2,005 fees
WATCHTOWER BENEFITS, LLC$1,881 · incl $1,881 fees
UMR, INC$1,111
Also brokered by McGohan/Brabender Agency Inc5
Cryptic Vector OH$29,113

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421534506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.