Plan Ledger DOL Form 5500 · updated monthly

Virtuous Management Group, Inc.benefits

Virtuous Management Group, LLC · MIRAMAR BEACH, FL · plan year 2024

Broker compensation reported · 2024
$125,917

Virtuous Management Group, Inc.'s benefits plan covered 324 active participants in 2024, providing short-term disability · dental · vision · life · other · health. Insurance premiums totaled $1,082,252. Insurance brokers and agents were paid $125,917 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.6% of premiums. That is $389 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20242
AETNA LIFE INSURANCE CO. · health$1.1M · 155 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life stdpremiums n/a
Brokers & agents paid · 20242
FOUNDATION RISK PARTNERS$69,564 · incl $34,782 fees
FOUNDATION RISK PARTNERS CORP LLC$56,353 · incl $56,353 fees
Also brokered by Foundation Risk Partners5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 812001492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.