Plan Ledger DOL Form 5500 · updated monthly

Sorenson Developmentbenefits

Sorenson Development Employee Benefit Plan · MIDVALE, UT · plan year 2024

Broker compensation reported · 2024
$52,574

Sorenson Development's benefits plans covered 39 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $52,574 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,348 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.1% from $50,021 in 2023.

Insurance contracts · 20249
DELTA DENTAL OF CALIFORNIA · dentalpremiums n/a · 105 covered
EYEMED VISION CARE · visionpremiums n/a · 59 covered
INTERMOUNTAIN EMPLOYEE ASSISTANCE PROGRAMpremiums n/a · 56 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 135 covered
Brokers & agents paid · 20241
GBS BENEFITS INC$52,574 · incl $833 fees
Also brokered by Gbs Benefits Inc5
Lgaa, LLC UT$569,420
Dyno Nobel Inc. UT$227,183

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 263606239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.