Sourcehov, LLCbenefits
Sourcehov, LLC Health and Welfare Benefit Plan · IRVING, TX · plan year 2024
Sourcehov, LLC's benefits plans covered 3,956 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $87,300. Insurance brokers and agents were paid $1,294,767 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1483.1% of premiums. That is $327 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.6% from $1,203,744 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 262270219 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.