Plan Ledger DOL Form 5500 · updated monthly

Verbal Beginnings, LLCbenefits

Verbal Beginnings, LLC Health and Welfare Plan · COLUMBIA, MD · plan year 2024

Broker compensation reported · 2024
$106,273

Verbal Beginnings, LLC's benefits plans covered 653 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $106,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 38% from $77,233 in 2023.

Insurance contracts · 20243
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental visionpremiums n/a · 318 covered
HEALTH ADVOCATE SOLUTIONS, INC.premiums n/a · 653 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 106 covered
Brokers & agents paid · 20242
SILBERSTEIN INSURANCE GROUP, LLC.$99,775 · incl $68,614 fees
GIS BENEFITS, INC.$6,498 · incl $6,498 fees
Also brokered by Silberstein Insurance Group, LLC.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 452653391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.