Plan Ledger DOL Form 5500 · updated monthly

Teracom Services LLCbenefits

Teracom Services, LLC Health and Welfare Benefits Plan · RALEIGH, NC · plan year 2024

Broker compensation reported · 2024
$31,959

Teracom Services LLC's benefits plans covered 113 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $31,959 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $283 per covered person, above the median for employer plans that report broker pay. Broker pay fell 47% from $60,627 in 2023.

Insurance contracts · 20243
EDUCATORS HEALTH PLANS LIFE, ACCIDENT AND HEALTH, INC · healthpremiums n/a · 172 covered
VISION SERVICE PLAN · visionpremiums n/a · 146 covered
EDUCATORS HEALTH PLANS LIFE, ACCIDENT AND HEALTH, INC · dentalpremiums n/a · 172 covered
Brokers & agents paid · 20241
BENEFIT COMMERCE GRP, AN ALERA GRP$31,959
Also brokered by Benefit Commerce Grp, an Alera Grp5
Simonmed AZ$651,636

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 452986569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.