Plan Ledger DOL Form 5500 · updated monthly

Summit Medical Group, PLLCbenefits

Summit Medical Group Employee Health Plan · KNOXVILLE, TN · plan year 2024

Broker compensation reported · 2024
$179,651

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.

Insurance contracts · 202412
HARTFORD LIFE AND ACCIDENT · ltd$566K · 224 covered
DELTA DENTAL OF TENNESSEE · dental$385K · 926 covered
RELIANCE STANDARD LIFE INS CO · life$180K · 384 covered
RELIANCE STANDARD LIFE INS CO · std$153K · 154 covered
RELIANCE STANDARD LIFE INS CO · std$26K · 97 covered
RELIANCE STANDARD LIFE INS CO · ltd$15K · 258 covered
RELIANCE STANDARD LIFE INS CO · life$11K · 356 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 81 covered
BLUE RE OF TENNESSEE · healthpremiums n/a · 943 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 757 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 1,244 covered
Brokers & agents paid · 20246
HILDRETH AGENCY$68,421
HUB INTERNATIONAL MIDWEST LIMITED$81,108 · incl $18,324 fees
JOHN HILDRETH CLU$22,561
GREGORY SHERROD$1,900
HUB INTERNATIONAL$1,218 · incl $1,218 fees

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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.