Alku, LLCbenefits
Alku Health and Welfare Plan · ANDOVER, MA · plan year 2024
Broker compensation reported · 2024
$117,490
Alku, LLC's benefits plans covered 792 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $117,490 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay fell 67% from $354,878 in 2023.
Insurance contracts · 20244
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 927 covered
KAISER FOUNDATION HEALTH PLAN INC · healthpremiums n/a · 2 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 267 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 715 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$84,844 · incl $48,774 fees
MARSH & MCLENNAN AGENCY$32,554 · incl $8,517 fees
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261250834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.