Advansix Inc.benefits
Advansix Inc. Health and Welfare Benefit Plan · PARSIPPANY, NJ · plan year 2024
Broker compensation reported · 2024
$43,366
Advansix Inc.'s benefits plans covered 1,471 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $43,366 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $29 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 15% from $50,767 in 2023.
Insurance contracts · 20245
VISION SERVICE PLAN · visionpremiums n/a · 1,135 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 545 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 1,126 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 902 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 1,471 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC$43,366 · incl $10,856 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 812525089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.