Plan Ledger DOL Form 5500 · updated monthly

Summit Medical Group, P.A.benefits

Summit Medical Group Health & Welfare Benefit Plan · BERKELEY HEIGHTS, NJ · plan year 2024

Broker compensation reported · 2024
$312,682

Summit Medical Group, P.A.'s benefits plans covered 2,115 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $312,682 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay rose 86% from $167,929 in 2023.

Insurance contracts · 20246
EYEMED VISION CARE · visionpremiums n/a · 3,697 covered
ALPHA DENTAL PROGRAMS, INC. · dentalpremiums n/a · 243 covered
METLIFE · healthpremiums n/a · 966 covered
METLIFE · healthpremiums n/a · 1,188 covered
METLIFE · healthpremiums n/a · 1,096 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 2,462 covered
Brokers & agents paid · 20243
SEDGWICK CLAIMS MGMT SERVICES, INC$279,951 · incl $279,951 fees
FIDELITY HEALTH INSURANCE SERV. LLC$25,377
FIDELITY HEALTH INSURANCE SERV LLC$7,354

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223487984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.