Plan Ledger DOL Form 5500 · updated monthly

Union Academybenefits

Union Academy Health and Welfare Benefits Plan · MONROE, NC · plan year 2024

Broker compensation reported · 2024
$50,586

Union Academy's benefits plans covered 237 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $126,838. Insurance brokers and agents were paid $50,586 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.9% of premiums. That is $213 per covered person, above the median for employer plans that report broker pay. Broker pay rose 136% from $21,475 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF NORTH CAROLINA · dental$127K · 260 covered
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 297 covered
COMMUNITY EYE CARE · vision ppopremiums n/a · 302 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 226 covered
Brokers & agents paid · 20245
MCGRIFF INSURANCE SERVICES, LLC$19,376 · incl $4,863 fees
MOSAIC GROUP SERVICES, LLC$7,362 · incl $7,362 fees
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 562172412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.