Plan Ledger DOL Form 5500 · updated monthly

States Newsroombenefits

States Newsroom Carefirst Plan · WASHINGTON, DC · plan year 2024

Broker compensation reported · 2024
$234,350

States Newsroom's benefits plans covered 220 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $176,634. Insurance brokers and agents were paid $234,350 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 132.7% of premiums. That is $1,065 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.2% from $231,498 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · std$110K · 218 covered
STANDARD INSURANCE COMPANY · ltd$44K · 218 covered
STANDARD INSURANCE COMPANY · life$23K · 218 covered
GROUP HOSPITALIZATION MEDICAL SERVICES,INC. · health drug dental vision ppopremiums n/a · 406 covered
Brokers & agents paid · 20243
POTOMAC BASIN GROUP ASSOCIATES LLC_$199,183 · incl $191,862 fees
POTOMAC BASIN GROUP ASSOC LLC$31,182 · incl $21,021 fees
NFP INSURANCE SERVICES INC$3,985 · incl $3,985 fees
Also brokered by Potomac Basin Group Associates Llc_1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 842113822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.