Plan Ledger DOL Form 5500 · updated monthly

Service Minds, LLC.benefits

Service Minds, LLC Employee Benefit Plan · BRADENTON, FL · plan year 2024

Broker compensation reported · 2024
$288,671

Service Minds, LLC.'s benefits plans covered 612 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $288,671 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $472 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $257,979 in 2023.

Insurance contracts · 20243
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 176 covered
UNITED HEALTHCARE INSURANCE COMPANY · health drug dental vision hmo ppopremiums n/a · 864 covered
UNITED HEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 612 covered
Brokers & agents paid · 20242
FOUNDATION RISK PARTNERS, CORP.$124,849 · incl $103,165 fees
MARSH & MCLENNAN AGENCY LLC$163,822 · incl $117,967 fees
Also brokered by Foundation Risk Partners, Corp.5
Hutson, Inc. KY$137,018

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 874736304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.