Alamo Group USA, Inc.benefits
Alamo Group Health & Welfare Plan · SEGUIN, TX · plan year 2024
Broker compensation reported · 2024
$175,312
Alamo Group USA, Inc.'s benefits plans covered 2,162 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $175,312 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $81 per covered person, below the median for employer plans that report broker pay. Brokers were paid 17.6x the $9,933 reported for 2023.
Insurance contracts · 20244
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 699 covered
CURALINC, LLC, D.B.A CURALINC HEALTHCAREpremiums n/a · 2,162 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 3,483 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 2,306 covered
Brokers & agents paid · 20242
GBS SPECIALTY MARKETS, LLC$134,224
GALLAGHER BENEFIT SERVICES, INC.$41,088 · incl $41,088 fees
Also brokered by Gbs Specialty Markets, LLC5
ADP Totalsource, Inc. FL$1,881,167
Brown & Root Industrial Services, LLC LA$19,494
Hallmark Financial Services, Inc. TX$17,586
The Rose TX$9,211
Youth and Family Alliance TX$4,847
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 742149829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.