Summit Med Group Operations, LLCbenefits
Smg Operations Employee Health Plan · KNOXVILLE, TN · plan year 2024
Summit Med Group Operations, LLC's benefits plans covered 1,567 active participants in 2024, providing dental · vision · long-term disability · other · life · short-term disability. Insurance premiums totaled $1,522,186. Insurance brokers and agents were paid $184,293 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.1% of premiums. That is $118 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $145,767 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 863630544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.