Plan Ledger DOL Form 5500 · updated monthly

Worldnet Telecommunications, LLCbenefits

Worldnet Telecommunications, LLC Welfare Benefits Plan · GUAYNABO, PR · plan year 2024

Broker compensation reported · 2024
$51,798

Worldnet Telecommunications, LLC's benefits plans covered 179 active participants in 2024, providing health · life · long-term disability · other. Insurance premiums totaled $719,807. Insurance brokers and agents were paid $51,798 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $289 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.6% from $50,489 in 2023.

Insurance contracts · 20243
MCS LIFE INSURANCE COMPANY · health$720K · 148 covered
UNIVERSAL LIFE INSURANCE COMPANY · lifepremiums n/a · 179 covered
UNIVERSAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 179 covered
Brokers & agents paid · 20242
FULCRO INSURANCE$48,195
CGF INSURANCE LLC$3,603 · incl $3,603 fees
Also brokered by Fulcro Insurance5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660530841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.