Plan Ledger DOL Form 5500 · updated monthly

Advocates for Arts-Based Education Corp.benefits

Advocates for Arts-Based Education Corporation Welfare Benefits Plan · NEW ORLEANS, LA · plan year 2024

Broker compensation reported · 2024
$115,123

Advocates for Arts-Based Education Corp.'s benefits plans covered 230 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,162,417. Insurance brokers and agents were paid $115,123 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $501 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 6.6% from $123,287 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF LOUISIANA · health drug vision hmo$2.2M · 334 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 230 covered
DELTA DENTAL INSURANCE COMPANY · dentalpremiums n/a · 358 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 73 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES, INC.$97,927 · incl $4,856 fees
SOUTHERN NATIONAL MARKETING COMPANY$10,280 · incl $6,916 fees
SOUTHERN NAT. LIFE INS. CO., INC.$6,916 · incl $6,916 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 203814839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.