Plan Ledger DOL Form 5500 · updated monthly

Sarchione Ford, Inc.benefits

Sarchione Ford, Inc. Employee Benefits Plan · RANDOLPH, OH · plan year 2024

Broker compensation reported · 2024
$138,835

Sarchione Ford, Inc.'s benefits plans covered 241 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,442,073. Insurance brokers and agents were paid $138,835 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.6% of premiums. That is $576 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.8% from $144,317 in 2023.

Insurance contracts · 20246
MEDICAL MUTUAL · health drug$1.4M · 154 covered
HUMANA INSURANCE COMPANY · dental vision lifepremiums n/a · 239 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 31 covered
STANDARD LIFE AND ACCIDENT · healthpremiums n/a · 39 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 16 covered
UNUM INSURANCE COMPANYpremiums n/a · 17 covered
Brokers & agents paid · 20245
ONEDIGITAL EXPRESSLINK LLC$82,465 · incl $17,699 fees
DIGITAL INSURANCE INC$30,602 · incl $9,030 fees
MORGAN WHITE LIMITED D/B/A MWG BROK$6,237
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 461031676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.