Plan Ledger DOL Form 5500 · updated monthly

Qualicaps, Inc.benefits

Qualicaps Inc Welfare Benefits Plan · WHITSETT, NC · plan year 2024

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

Broker compensation reported · 2024
$56,382

Qualicaps, Inc.'s benefits plans covered 91 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $56,382 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $620 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 50% from $37,629 in 2023.

Insurance contracts · 20243
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drugpremiums n/a · 83 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dental visionpremiums n/a · 91 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 98 covered
Brokers & agents paid · 20242
MITCHELL ELLIS$26,610
MCGRIFF INSURANCE SERVICES LLC$29,772 · incl $4,745 fees
Also brokered by Mitchell Ellis1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351875434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.