The Select Groupbenefits
The Select Group Employee Benefits Plan · RALEIGH, NC · plan year 2024
Broker compensation reported · 2024
$91,417
The Select Group's benefits plans covered 661 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $91,417 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay fell 28% from $126,137 in 2023.
Insurance contracts · 20244
METROPOLITAN LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 900 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 829 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 1,347 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANYpremiums n/a · 10 covered
Brokers & agents paid · 20244
CORPORATE SYNERGIES GROUP LLC$80,039 · incl $16,096 fees
Also brokered by Corporate Synergies Group LLC5
Carrington Holding Company, LLC & Affiliates CA$788,214
Materne North America Corp. NY$554,080
Buchalter, a Professional Corporation CA$536,235
Pharmaron Cpc. Inc. MD$487,649
Yellowstone Landscape, Inc. FL$466,191
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522329531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.