Plan Ledger DOL Form 5500 · updated monthly

Shared Practices Group, LLCbenefits

Shared Practices Group, LLC Health and Welfare Benefits Plan · PHOENIX, AZ · plan year 2024

Broker compensation reported · 2024
$76,234

Shared Practices Group, LLC's benefits plan covered 232 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $705,902. Insurance brokers and agents were paid $76,234 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $329 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20243
CIGNA HEALTHCARE INSURANCE COMPANY · health drug dental vision$706K · 182 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 236 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 232 covered
Brokers & agents paid · 20242
MARSH AND MCLENNAN AGENCY, LLC$66,909 · incl $55,882 fees
LOVITT AND TOUCHE. INC.$9,325 · incl $1,875 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 871376051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.