Plan Ledger DOL Form 5500 · updated monthly

The Odom Corporationbenefits

Odom Group Medical, Dental, Vision, Life, LTD, Add Eap and Section 125/CAFETERIA Plan · BELLEVUE, WA · plan year 2024

Broker compensation reported · 2024
$31,395

The Odom Corporation's benefits plans covered 1,950 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $31,395 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $16 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 147% from $12,717 in 2023.

Insurance contracts · 20246
PRINCIPAL LIFE INSURANCE COMPANY · lifepremiums n/a · 352 covered
CANOPYpremiums n/a · 2,332 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 851 covered
PRINCIPAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,950 covered
HAWAII DENTAL SERVICE · dentalpremiums n/a · 544 covered
Brokers & agents paid · 20243
PARKER SMITH & FEEK INC.$18,366 · incl $17,310 fees
WATCHTOWER BENEFITS LLC$8,794 · incl $8,794 fees
PARKER, SMITH & FEEK$4,235
Also brokered by Parker Smith & Feek Inc.5
Ro Health, Inc. WA$178,345
Echodyne Corp WA$116,299

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 910896486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.