Plan Ledger DOL Form 5500 · updated monthly

The Educational Empowerment Group, Inc.benefits

The Educational Empowerment Group Cafeteria Plan · AKRON, OH · plan year 2024

Broker compensation reported · 2024
$191,738

The Educational Empowerment Group, Inc.'s benefits plans covered 387 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $3,244,677. Insurance brokers and agents were paid $191,738 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $495 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.7% from $188,449 in 2023.

Insurance contracts · 20242
MEDICAL MUTUAL OF OHIO · health drug$3.2M · 300 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 610 covered
Brokers & agents paid · 20242
EMBEE SERVICES$164,836
JAMES R NELLIGAN & ASSOC LLC$26,902 · incl $26,902 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 465441349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.