Plan Ledger DOL Form 5500 · updated monthly

Qgs Development Incbenefits

Qgs Development Inc Cafeteria and Erisa Wrap Plan · PLANT CITY, FL · plan year 2024

Broker compensation reported · 2024
$110,679

Qgs Development Inc's benefits plans covered 424 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $2,455,996. Insurance brokers and agents were paid $110,679 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $261 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $92,654 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF FLORIDA · health$2.1M · 148 covered
HEALTH OPTIONS INC · health drug hmo$392K · 54 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 217 covered
USABLE LIFE · lifepremiums n/a · 424 covered
FLORIDA COMBINED LIFE · dentalpremiums n/a · 148 covered
Brokers & agents paid · 20242
WALLACE, WELCH & WILLINGHAM, INC.$110,622
BLUE CROSS BLUE SHIELD OF FLORIDA$57
Also brokered by Wallace, Welch & Willingham, Inc.5
Madico, Inc. FL$77,804

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 592233851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.