Plan Ledger DOL Form 5500 · updated monthly

The Club at Ibis Property Owner's Association Inc dba the Club at Ibibenefits

The Club at Ibis Property Owner's Association Welfare Benefit Plan · WEST PALM BEACH, FL · plan year 2024

Broker compensation reported · 2024
$119,893

The Club at Ibis Property Owner's Association Inc dba the Club at Ibi's benefits plans covered 243 active participants in 2024, providing health · life · dental · vision · long-term disability · other · short-term disability. Insurance premiums totaled $1,785,836. Insurance brokers and agents were paid $119,893 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $493 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $103,224 in 2023.

Insurance contracts · 20247
HEALTH OPTIONS INC · health hmo$946K · 96 covered
BLUE CROSS BLUE SHIELD OF FLORIDA · health$840K · 72 covered
BLUECROSS BLUESHIELD OF FLORIDA, INC. · visionpremiums n/a · 137 covered
FLORIDA COMBINED LIFE · dentalpremiums n/a · 76 covered
FLORIDA COMBINED LIFE · dentalpremiums n/a · 74 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 238 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 10 covered
Brokers & agents paid · 20245
BROWN & BROWN INSURANCE SERVICES$68,265 · incl $1,712 fees
HAYS GROUP, INC. DBA HAYS COMPANY$641
ASSURED PERTNERS CAPITAL, INC.$95
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 650211424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.