Plan Ledger DOL Form 5500 · updated monthly

Summit 7 Systems, LLCbenefits

Summit 7 Systems, LLC Health & Welfare Plan · HUNTSVILLE, AL · plan year 2024

Broker compensation reported · 2024
$67,856

Summit 7 Systems, LLC's benefits plans covered 271 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $67,856 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $250 per covered person, above the median for employer plans that report broker pay. Broker pay rose 177% from $24,463 in 2023.

Insurance contracts · 20243
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 532 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 271 covered
Brokers & agents paid · 20244
COBBS ALLEN & HALL, INC.$48,195 · incl $6,234 fees
GIS BENEFITS, INC.$18,345 · incl $9,339 fees
COBBS ALLEN CAPITAL, LLC$1,063
TRUASSURE INSURANCE COMPANY$253
Also brokered by Cobbs Allen & Hall, Inc.5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 271467561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.