Plan Ledger DOL Form 5500 · updated monthly

Saga Innovations, Inc.benefits

Saga Education 2024 Wrap Doc · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$89,942

Saga Innovations, Inc.'s benefits plan covered 196 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $22,290. Insurance brokers and agents were paid $89,942 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 403.5% of premiums. That is $459 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20243
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental hmo ppopremiums n/a · 313 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 87 covered
Brokers & agents paid · 20244
MARK F. BAILEY$38,737
MFB FINANCIAL, INC.$5,705 · incl $4,765 fees
MARK FRANKLIN BAILEY$3,009 · incl $259 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472168942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.