Plan Ledger DOL Form 5500 · updated monthly

Resource Management Concepts, Inc.benefits

Resource Management Concepts, Inc. Welfare Plan · LEXINGTON PARK, MD · plan year 2024

Broker compensation reported · 2024
$186,002

Resource Management Concepts, Inc.'s benefits plans covered 757 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $423,078. Insurance brokers and agents were paid $186,002 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.0% of premiums. That is $246 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.7x the $50,873 reported for 2023.

Insurance contracts · 20246
CAREFIRST OF MARYLAND, INC. · dental vision$423K · 1,251 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 424 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 446 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 412 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 757 covered
SYMETRA LIFE INSURANCE COMPANY · stop-losspremiums n/a · 519 covered
Brokers & agents paid · 20243
CFA LLC$49,239 · incl $49,239 fees
HILB GROUP OF MARYLAND$128,075 · incl $46,561 fees
HILB GROUP OF NEW YORK$8,688 · incl $8,688 fees
Also brokered by Cfa LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521874850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.