Plan Ledger DOL Form 5500 · updated monthly

Sistema Universitario Ana G Mendezbenefits

Sistema Universitario Ana G Mendez Group Life · SAN JUAN, PR · plan year 2024

Broker compensation reported · 2024
$111,651

Sistema Universitario Ana G Mendez's benefits plans covered 1,279 active participants in 2024, providing life. Insurance premiums totaled $981,740. Insurance brokers and agents were paid $111,651 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.4% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay rose 25% from $89,107 in 2023.

Insurance contracts · 20242
MCS LIFE INSURANCE COMPANY · health drug dental life stop-loss ppo$771K · 1,189 covered
UNIVERSAL LIFE INSURANCE COMPANY$211K · 1,279 covered
Brokers & agents paid · 20243
OLYMPIC AGENCY INSURANCE$73,164
OLYMPIC AGENCY INC$21,067
CGF INSURANCE, LLC$17,420 · incl $17,420 fees
Also brokered by Olympic Agency Insurance2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660201206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.