Plan Ledger DOL Form 5500 · updated monthly

Van Michael Salonsbenefits

Van Michael Salons Welfare Benefit Plan · ATLANTA, GA · plan year 2024

Broker compensation reported · 2024
$175,322

Van Michael Salons's benefits plans covered 312 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $175,322 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $562 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $150,950 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 261 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 312 covered
FLEXCARE DIGITAL HEALTHpremiums n/a · 220 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE LLC$152,819 · incl $107,351 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521578856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.