| Individual Rate: |
$80 |
| Family Rate: |
$100 |
| Producer: |
30% or $24 individual / $30 family |
| ACDD: |
70% or $56 individual / $70 family |
| Assumptions: |
Based on 100 applications |
| Producer Compensation: |
100 x $24 = $2,700 per year (IND) / $3,375 per year (FAM) |
| Incentive Breakdown: |
Producers and providers can increase compensation by 5% per application based on production marks. |
| Producers and Providers: |
- 1-50 applications = 30%
- 51-75 applications = 35%
- 76-100 applications = 40%
|
| Assumptions: |
- 1-50 = $1,200 IND / $1,500 FAM
- 51-75 = $1,900 IND / $2,375 FAM
- 76-100 = $2,700 IND / $3,375 FAM
|
| High Performing Incentive: |
- Once a producer reaches 40%, they will maintain 40% compensation for each application following 100 applications on a yearly basis.
- 2nd year compensation will include an additional 5% bonus for the first 50 applications and 10% for the next 50 applications.
|
| 5-Year Projection Based on 100 Applications Per Year: |
- 1st Year: $2,700 IND / $3,375 FAM
- 2nd Year: $5,400 IND / $6,750 FAM
- 3rd Year: $8,100 IND / $10,125 FAM
- 4th Year: $10,800 IND / $13,500 FAM
- 5th Year: $13,500 IND / $16,875 FAM
|
| 5-Year Income Total: |
- IND: $40,500 / FAM: $50,625
- 5-year income projection assumes renewal commissions each year, with 100% persistency of membership. All projections are for illustration purposes only.
- Potential equity position available after a 3-year high-performance record. An equity position grants the same rights as other LLC members.
- Termination occurs after no production within a given year. Renewal compensation will decrease by 50% upon termination. Renewal compensation is guaranteed for the life of the membership after a 5-year vesting period.
- Forfeiture of renewals after 2 years of non-production within the first 5 years of appointment with ACDD.
|
