Plan Ledger DOL Form 5500 · updated monthly

Synergy Business Innovation & Solutions, Inc.benefits

Synergy Business Innovation & Solutions, Inc. Group Insurance Plan · RESTON, VA · plan year 2024

Broker compensation reported · 2024
$26,302

Synergy Business Innovation & Solutions, Inc.'s benefits plans covered 517 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $26,302 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $51 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 17% from $31,739 in 2023.

Insurance contracts · 20243
UNITEDHEALTHCARE INSURANCE COMPANY · dental visionpremiums n/a · 1,816 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 707 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 707 covered
Brokers & agents paid · 20243
BROWN & BROWN VA MANASSAS$16,500 · incl $16,500 fees
THE MELTZER GROUP, INC.$8,155
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 841698665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.