Plan Ledger DOL Form 5500 · updated monthly

Summit Design and Engineering Services, PLLCbenefits

Summit Design and Engineering Services, PLLC Health and Welfare Plan · HILLSBOROUGH, NC · plan year 2024

Broker compensation reported · 2024
$69,180

Summit Design and Engineering Services, PLLC's benefits plans covered 409 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $220,898. Insurance brokers and agents were paid $69,180 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.3% of premiums. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.5% from $70,238 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF NORTH CAROLINA · dental$193K · 451 covered
DELTA DENTAL OF NORTH CAROLINA · vision$28K · 426 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 703 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$32,138 · incl $1,160 fees
MOSIAC GROUP SERVICES, LLC$12,028 · incl $12,028 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300236228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.