Plan Ledger DOL Form 5500 · updated monthly

South Sea Ventures LLCbenefits

MIT45, Inc · DRAPER, UT · plan year 2024

Broker compensation reported · 2024
$84,474

South Sea Ventures LLC's benefits plan covered 88 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $84,474 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $960 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20243
REGENCE BLUECROSS BLUESHIELD OF UTAH · health drugpremiums n/a · 238 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 372 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 155 covered
Brokers & agents paid · 20244
IMA, INC.$73,045 · incl $7,210 fees
DIVERSIFIED INS BENEFITS SERVICES$8,034
DIVERSIFIED INS BENEFIT SERVICES$2,138
WATCHTOWER BENEFITS, LLC.$1,257 · incl $1,257 fees
Also brokered by Ima5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 455361813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.