Plan Ledger DOL Form 5500 · updated monthly

Success Academy Charter Schools, Inc.benefits

Success Academy Charter Schools Employee Benefit Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$69,005

Success Academy Charter Schools, Inc.'s benefits plans covered 2,292 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,530,958. Insurance brokers and agents were paid $69,005 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 77% from $302,543 in 2023.

Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug dental hmo$1.5M · 2,172 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,456 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 2,292 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,636 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 182 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES, INC NY$31,698 · incl $31,698 fees
GALLAGHER BENEFIT SERVICES INC$32,622 · incl $2,917 fees
GALLAGHER BENEFIT SERVICES$4,685 · incl $599 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 205298861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.