Plan Ledger DOL Form 5500 · updated monthly

Watermarkbenefits

Watermark Health & Wellness Plan · AUSTIN, TX · plan year 2023

Broker compensation reported · 2023
$140,598

Watermark's benefits plan covered 240 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $140,598 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $586 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20232
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision hmo ppopremiums n/a · 410 covered
FIRST UNUM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 240 covered
Brokers & agents paid · 20234
JAMES A HALBERT III$37,443
CENTERSTONE INS AND FIN. SVCS$31,603 · incl $4,390 fees
MARSH AND MCLENNAN AGENCY LLC$6,958 · incl $389 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$2,648,319

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 134092743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.