Plan Ledger DOL Form 5500 · updated monthly

The Waters Senior Living Management, LLCbenefits

The Waters Senior Living Management, LLC Welfare Benefits Plan · MINNETONKA, MN · plan year 2025

Broker compensation reported · 2025
$67,467

The Waters Senior Living Management, LLC's benefits plans covered 499 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $398,230. Insurance brokers and agents were paid $67,467 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.9% of premiums. That is $135 per covered person, below the median for employer plans that report broker pay. Broker pay fell 19% from $83,552 in 2024.

Insurance contracts · 20252
STANDARD INSURANCE COMPANY · life std ltd$398K · 499 covered
Brokers & agents paid · 20252
HAYS COMPANIES, INC.$60,545 · incl $6,546 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 472261071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.