Plan Ledger DOL Form 5500 · updated monthly

Spectrum Academy Charterbenefits

Spectrum Academy Charter Welfare Plan · NORTH SALT LAKE, UT · plan year 2024

Broker compensation reported · 2024
$52,412

Spectrum Academy Charter's benefits plans covered 458 active participants in 2024, providing other · life · dental · vision · short-term disability. Insurance brokers and agents were paid $52,412 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $114 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $43,949 in 2023.

Insurance contracts · 20245
AETNA LIFE INSURANCE COMPANY · dental visionpremiums n/a · 465 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · stdpremiums n/a · 127 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 458 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 152 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 83 covered
Brokers & agents paid · 20242
GBS BENEFITS INC$35,977 · incl $3,109 fees
EMPLOYEE CHOICE SOLUTIONS$16,435
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 760817459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.