Summit Advisor Services LLCbenefits
Summit Marketing, Inc. Flexible Compensation Plan · PARSIPPANY, NJ · plan year 2024
Broker compensation reported · 2024
$220,820
Summit Advisor Services LLC's benefits plans covered 207 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $220,820 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,067 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 20% from $184,292 in 2023.
Insurance contracts · 20245
USABLE LIFE · lifepremiums n/a · 207 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 143 covered
USABLE LIFEpremiums n/a · 23 covered
USABLE LIFE · ltdpremiums n/a · 204 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health visionpremiums n/a · 162 covered
Brokers & agents paid · 20245
MARTIN INSURANCE GROUP$43,794 · incl $43,794 fees
CRISP AN ALERA GROUP INS AGY LLC$153,805 · incl $145,237 fees
HORIZON INSURANCE COMPANY$7,561 · incl $7,561 fees
DONALD C. SAVOY, INC$11,522 · incl $11,522 fees
FIRM BENEFITS INC$4,138
Also brokered by Martin Insurance Group5
Prospect Transportation, Inc. NJ$435,538
New Road Schools of New Jersey, Inc. NJ$108,173
Connell Foley, LLP NJ$77,990
Concern for Independent Living, Inc NY$75,105
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222513437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.