Plan Ledger DOL Form 5500 · updated monthly

The Rise Groupbenefits

The Rise Group Welfare Plan · CRANSTON, RI · plan year 2024

Broker compensation reported · 2024
$84,909

The Rise Group's benefits plans covered 613 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $84,909 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $139 per covered person, below the median for employer plans that report broker pay. Brokers were paid 4.3x the $19,802 reported for 2023.

Insurance contracts · 20246
DELTA DENTAL OF RHODE ISLAND · dentalpremiums n/a · 4 covered
DELTA DENTAL OF RHODE ISLAND · dentalpremiums n/a · 5 covered
DELTA DENTAL OF RHODE ISLAND · dentalpremiums n/a · 714 covered
DELTA DENTAL OF RHODE ISLAND · dentalpremiums n/a · 243 covered
VISION SERVICE PLAN · visionpremiums n/a · 420 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 613 covered
Brokers & agents paid · 20242
C M SMITH AGENCY LLC$78,979
C.M. SMITH AGENCY$5,930
Also brokered by C M Smith Agency LLC3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 922774038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.