Plan Ledger DOL Form 5500 · updated monthly

Simplicity Financial Marketing Holdings, Inc.benefits

Simplicity Group Welfare Benefits Plan · SUMMIT, NJ · plan year 2025

Broker compensation reported · 2025
$473,975

Simplicity Financial Marketing Holdings, Inc.'s benefits plans covered 817 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $473,975 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $580 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 32% from $358,575 in 2024.

Insurance contracts · 20252
ANTHEM HEALTH PLANS, INC. · health dental vision ppopremiums n/a · 1,795 covered
ANTHEM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 276 covered
Brokers & agents paid · 20252
BROWN & BROWN INSURANCE SERVICES$415,211 · incl $51,496 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 261553695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.