Plan Ledger DOL Form 5500 · updated monthly

Sonifi Solutions, Inc.benefits

Sonifi Solutions, Inc. Health and Welfare Benefits Plan · SIOUX FALLS, SD · plan year 2024

Broker compensation reported · 2024
$102,784

Sonifi Solutions, Inc.'s benefits plans covered 617 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $66,981. Insurance brokers and agents were paid $102,784 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 153.5% of premiums. That is $167 per covered person, below the median for employer plans that report broker pay. Broker pay rose 74% from $58,992 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · vision$67K · 621 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 606 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 608 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 234 covered
Brokers & agents paid · 20245
HOLMES MURPHY & ASSOCS, LLC$63,295 · incl $3,203 fees
HOLMES MURPHY & ASSOCIATES LLC$13,239 · incl $13,239 fees
AVANT SPECIALTY BENEFITS LLC$17,413 · incl $7,898 fees
C2 CENTRIC LLC$5,296 · incl $5,296 fees
USI INSURANCE SERVICES LLC$3,541 · incl $3,541 fees
Also brokered by Holmes Murphy5
Conexon, LLC MO$632,134

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460371161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.