Seoul Shik Poombenefits
Seoul Shik Poom, Inc. Health and Welfare Benefit Plan · ENGLEWOOD, NJ · plan year 2024
Broker compensation reported · 2024
$207,664
Seoul Shik Poom's benefits plans covered 222 active participants in 2024, providing health · death benefits · dental · life · vision. Insurance brokers and agents were paid $207,664 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $935 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 37% from $151,235 in 2023.
Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental lifepremiums n/a · 220 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 452 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 220 covered
Brokers & agents paid · 20242
E BENEFIT SOLUTION$144,245 · incl $2,500 fees
DONALD C SAVOY INC$63,419 · incl $61,820 fees
Also brokered by E Benefit Solution2
Cef Solutions Inc. NJ$12,244
Hair Zone, Inc. NJ$9,343
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133549905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.