Abbott Label, Inc.benefits
Abbott Label, Inc. Welfare Benefit Plan · DALLAS, TX · plan year 2024
Broker compensation reported · 2024
$127,435
Abbott Label, Inc.'s benefits plans covered 171 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $127,435 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $745 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 4.0% from $122,521 in 2023.
Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF TEXAS · health dentalpremiums n/a · 321 covered
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 171 covered
Brokers & agents paid · 20243
MCGRIFF INSURANCE SERVICES, INC.$76,737 · incl $2,220 fees
MARSH & MCLENNAN AGENCY LLC$25,647
Also brokered by McGriff5
Truist Financial Corporation NC$3,131,925
Valero Energy Corporation TX$1,969,297
Old Dominion Freight Line, Inc. NC$1,796,474
Pratt Industries, Inc. GA$1,720,663
El Camino Hospital CA$1,115,318
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752909199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.