Plan Ledger DOL Form 5500 · updated monthly

The Cove Schoolbenefits

The Cove School Health and Welfare Plan · NORTHBROOK, IL · plan year 2024

Broker compensation reported · 2024
$72,910

The Cove School's benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $72,910 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $593 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $61,614 in 2023.

Insurance contracts · 20243
VISION SERVICE PLAN · visionpremiums n/a · 104 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health drug dentalpremiums n/a · 131 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 123 covered
Brokers & agents paid · 20241
GCG FINANCIAL, INC.$72,910 · incl $4,385 fees
Also brokered by Gcg Financial, Inc.5
Feeding America IL$261,856
Ebix, Inc. GA$82,037

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 390930993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.