Summit Medical Group, PLLCbenefits
Summit Medical Group Employee Health Plan · KNOXVILLE, TN · plan year 2024
Summit Medical Group, PLLC's benefits plans covered 434 active participants in 2024, providing dental · vision · death benefits · long-term disability · other · life. Insurance premiums totaled $1,362,922. Insurance brokers and agents were paid $179,651 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.2% of premiums. That is $414 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $147,038 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621585063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.