Plan Ledger DOL Form 5500 · updated monthly

Summit Behavioral Healthcare, LLCbenefits

Summit Behavioral Healthcare Health and Welfare Benefit Plan · FRANKLIN, TN · plan year 2024

Broker compensation reported · 2024
$1,025,480

Summit Behavioral Healthcare, LLC's benefits plans covered 3,600 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $19,436,359. Insurance brokers and agents were paid $1,025,480 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $285 per covered person, above the median for employer plans that report broker pay. Broker pay rose 62% from $632,823 in 2023.

Insurance contracts · 20247
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health drug ppo$18.4M · 2,811 covered
DELTA DENTAL OF TENNESSEE · dental$1.1M · 3,233 covered
ARAG INSURANCE COMPANYpremiums n/a · 618 covered
COMPSYCH CORPORATIONpremiums n/a · 4,673 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 3,600 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 3,600 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,794 covered
Brokers & agents paid · 20244
LOCKTON COMPANIES, LLC$809,036 · incl $22,238 fees
LOCKTON SPECIALTIES, LLC$104,716 · incl $104,716 fees
EXPLAIN MY BENEFITS, LLC$110,257 · incl $71,643 fees
PLANSOURCE BENEFITS ADMINISTRATION$1,471 · incl $1,471 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371736632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.