Plan Ledger DOL Form 5500 · updated monthly

Summit Academy Managementbenefits

Summit Academy Management Welfare Benefits Plan · AKRON, OH · plan year 2023

Broker compensation reported · 2023
$76,102

Summit Academy Management's benefits plan covered 430 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $76,102 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $177 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20237
STANDARD INSURANCE COMPANY · lifepremiums n/a · 460 covered
COMMUNITY INSURANCE COMPANY · health drug dental vision hmo ppopremiums n/a · 581 covered
TRUSTMARK INSURANCE COMPANYpremiums n/a · 59 covered
TRUSTMARK INSURANCE COMPANYpremiums n/a · 108 covered
TRUSTMARK INSURANCE COMPANYpremiums n/a · 96 covered
TRUSTMARK INSURANCE COMPANYpremiums n/a · 188 covered
TRUSTMARK INSURANCE COMPANYpremiums n/a · 131 covered
Brokers & agents paid · 20234
HUNTINGTON INSURANCE$7,588
BRANDON PENKO$7,964
HUNTINGTON INSURANCE INC$60,545 · incl $6,720 fees
SHAWAN MARQUIS AGENCY INC$5
Also brokered by Huntington Insurance5
Vandevere, Inc. OH$55,875

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 341938197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.