Plan Ledger DOL Form 5500 · updated monthly

The Medical Team, Inc.benefits

The Medical Team, Inc. Texas Workers Comp. · RESTON, VA · plan year 2024

Broker compensation reported · 2024
$210,226

The Medical Team, Inc.'s benefits plans covered 1,904 active participants in 2024, providing short-term disability. Insurance brokers and agents were paid $210,226 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $110 per covered person, below the median for employer plans that report broker pay. Broker pay rose 59% from $132,510 in 2023.

Insurance contracts · 202410
OLD REPUBLIC UNION INSURANCE COMPANY · stdpremiums n/a · 1,904 covered
AMERITAS LIFE INSURANCE CORP · dental visionpremiums n/a · 390 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 505 covered
THE LINCOLN NATIONAL LIFE INSURANCE COpremiums n/a · 302 covered
EVEREST REINSURANCE COMPANY · stop-losspremiums n/a · 162 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 321 covered
Brokers & agents paid · 202412
GIS BENEFITS INC.$55,190 · incl $20,034 fees
THE LOOMIS COMPANY$17,832
GIS BENEFITS INC$24,467 · incl $10,670 fees
COMBINED INDEPENDENT AGENCIES$10,647 · incl $4,217 fees
USI INSURANCE SERVICES LLC$73,881 · incl $7,973 fees
BOON CHAPMAN BENEFIT ADMNSTRS INC.$5,798 · incl $5,798 fees
BOON CHAPMAN BNFT ADMNSTRS INC.$4,545 · incl $4,545 fees
ANCHOR CLAIMS MANAGEMENT$4,500 · incl $4,500 fees
BOON CHAPMAN BENEFIT ADMIN$5,777 · incl $5,777 fees
BOON CHAPMAN BENEFIT ADMNSTRS INC$2,813 · incl $2,813 fees
USI INSURANCE SERVIES LLC$2,429 · incl $2,429 fees
BOON CHAPMAN BNFT ADMNSTRS$2,347 · incl $2,347 fees
Also brokered by Gis Benefits Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541087014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.