Plan Ledger DOL Form 5500 · updated monthly

Spectrum Foods, Inc.benefits

Spectrum Foods, Inc. Wrap Benefit Plan · LANDOVER, MD · plan year 2024

Broker compensation reported · 2024
$37,058

Spectrum Foods, Inc.'s benefits plans covered 125 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance brokers and agents were paid $37,058 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $296 per covered person, above the median for employer plans that report broker pay. Broker pay fell 44% from $66,136 in 2023.

Insurance contracts · 20244
BOSTON MUTUAL LIFE INSURANCE COMPANY · lifepremiums n/a · 125 covered
THE GUARDIAN LIFE INSURANCE COMPANY · dental ppopremiums n/a · 82 covered
VISION SERVICE PLAN · visionpremiums n/a · 58 covered
CAREFIRST BLUECHOICE, INC. · health drug hmo ppopremiums n/a · 169 covered
Brokers & agents paid · 20247
INSURANCE OFFICE OF AMERICA INC.$27,210 · incl $27,210 fees
THE MELTZER GROUP INC$5,058 · incl $5,058 fees
INSURANCE OFFICE OF AMERICA$3,109 · incl $103 fees
POTOMAC BASIN GROUP ASSOCIATES LLC$713 · incl $713 fees
INSURANCE OFFICA OF AMERICA, INC.$533
INSURANCE OFFICE OF AMERICA, INC.$434
MELTZER GROUP BENEFITS$1
Also brokered by Insurance Office of America Inc.5
Ioa Group LLC FL$90,560

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521864943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.