Plan Ledger DOL Form 5500 · updated monthly

Residential Management Systems, Incbenefits

The Rms Employee Benefit Plan · WORTHINGTON, OH · plan year 2024

Broker compensation reported · 2024
$11,087

Residential Management Systems, Inc's benefits plans covered 282 active participants in 2024, providing vision · life · short-term disability · long-term disability · dental · other. Insurance premiums totaled $31,419. Insurance brokers and agents were paid $11,087 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.3% of premiums. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 100% from $5,540 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF OHIO · dental$31K · 97 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 201 covered
EYEMED · visionpremiums n/a · 89 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 280 covered
RXBENEFITS, INC. · drugpremiums n/a · 97 covered
Brokers & agents paid · 20244
EAP$5,364 · incl $5,364 fees
MCGOHAN-BRABENDER, INC.$3,089
RXBENEFITS, INC.$1,899 · incl $1,899 fees
WATCH TOWER TECHNOLOGIES, INC.$735

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311066646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.