Articles | Benefeature

July 2024 Data Release Announcement

Written by Ian Ryan | Aug 1, 2024 12:09:59 PM

We’re thrilled to announce that the latest Department of Labor Form 5500 filings are now live on the Benefeature platform! Our robust database just got even better with the most current insights into group benefit plans and market trends.

 

New Form 5500 Filings Added!

 

Data now available with new group benefit plan details:

  • 23,832 group benefit plans
  • $14.5B in premium
  • $592.9M in broker compensation
  • 5,975 employers
  • 9,457 group benefit plans reported with a new carrier (1,861 more than the June release)
  • 23,806 group benefit plans reported with a new broker

What could this indicate?:

  • Market Shifts - A noticeable change in carrier preferences, signaling evolving market dynamics
  • New Opportunities - Potential for new business opportunities with employers switching carriers
  • Competitive Intelligence - Valuable insights for strategic planning and competitive positioning

What this means for you:

  • Access up-to-date group benefit plan information
  • Identify emerging market trends and opportunities
  • Make strategic decisions with the latest data

Explore the latest updates today and stay ahead in the market!

Stay tuned for more updates, articles, and insights as we continue to bring you the best in market intelligence and benefit analytics.

 

– The Benefeature Team