Plan Ledger DOL Form 5500 · updated monthly

Smart Source LLCbenefits

Smart Source LLC Welfare Benefit Plan · WEST PALM BEACH, FL · plan year 2025

Broker compensation reported · 2025
$257,951

Smart Source LLC's benefits plans covered 194 active participants in 2025, providing health · life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $257,951 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,330 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 49% from $173,399 in 2024.

Insurance contracts · 20257
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 260 covered
HMSA · healthpremiums n/a · 9 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 10 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 199 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 194 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 194 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 194 covered
Brokers & agents paid · 20255
MARSH & MCLENNAN AGENCY, MCGRIFF$136,315 · incl $126,499 fees
MCGRIFF INSURANCE SERVICES LLC$97,034 · incl $89,884 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 542104343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.