Plan Ledger DOL Form 5500 · updated monthly

The Fountainhead Group, Inc.benefits

The Fountainhead Group, Inc. Welfare Plan · NEW YORK MILLS, NY · plan year 2024

Broker compensation reported · 2024
$259,353

The Fountainhead Group, Inc.'s benefits plans covered 119 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,216,919. Insurance brokers and agents were paid $259,353 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.3% of premiums. That is $2,179 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.4x the $47,689 reported for 2023.

Insurance contracts · 20242
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$1.1M · 101 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std$129K · 119 covered
Brokers & agents paid · 20242
EXCELLUS BLUE CROSS BLUE SHIELD$199,237 · incl $164,761 fees
GILROY KERNAN & GILROY, INC.$60,116 · incl $4,227 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043686486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.