Source 4 Solutions, LLCbenefits
SOURCE4SOLUTIONS Health & Welfare Plan · CHERRY HILL, NJ · plan year 2023
Broker compensation reported · 2023
$240,302
Source 4 Solutions, LLC's benefits plan covered 694 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,349,226. Insurance brokers and agents were paid $240,302 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $346 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20232
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental vision$3.3M · 545 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 765 covered
Brokers & agents paid · 20232
BALDWIN KRYSTYN SHERMAN PARNTERS$232,127 · incl $143,711 fees
THE BALDWIN GROUP SOUTHEAST LLC$8,175 · incl $8,175 fees
Also brokered by Baldwin Krystyn Sherman Parnters5
Cumberland Electric Membership Corporation TN$364,300
Card-Monroe Corp. TN$125,242
Relyant Global, LLC TN$33,909
Med Investors Development, LLC TN$31,177
Lee-Smith, Inc. TN$20,293
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 272096985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.