Plan Ledger DOL Form 5500 · updated monthly

Sourceamericabenefits

Sourceamerica Combined Health and Welfare Plan · VIENNA, VA · plan year 2024

Broker compensation reported · 2024
$15,758

Sourceamerica's benefits plans covered 471 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $15,758 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 5.8x the $2,714 reported for 2023.

Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 900 covered
CAREBRIDGE CORPORATIONpremiums n/a · 439 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 471 covered
Brokers & agents paid · 20242
HAYS COMPANIES, INC.$15,659 · incl $15,659 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521007153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.