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
PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELDpremiums n/a · 34 covered
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
The Taylor Group, Inc. MS$395,955
Burr & Forman LLP AL$254,829
Empowerment Schools TX$108,818
Global Resources International, Inc. GA$90,928
Oakworth Capital Bank AL$78,068
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 271467561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.