Plan Ledger DOL Form 5500 · updated monthly

Triad Math and Science Academybenefits

Triad / Triangle Math and Science Academy Health and Welfare Plan · APEX, NC · plan year 2024

Broker compensation reported · 2024
$95,320

Triad Math and Science Academy's benefits plans covered 547 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $293,418. Insurance brokers and agents were paid $95,320 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.5% of premiums. That is $174 per covered person, below the median for employer plans that report broker pay. Broker pay fell 12% from $108,198 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF NORTH CAROLINA · dental$293K · 726 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 609 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 482 covered
STANDARD INSURANCE COMPANYpremiums n/a · 434 covered
Brokers & agents paid · 20247
THE BENEFIT CO INC$18,194
THE BENEFIT COMPANY, INC.$12,599 · incl $2,529 fees
Also brokered by The Benefit Co Inc5
Manna, Inc. KY$4,900
Medi USA, LP NC$3,515

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208471670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.