Plan Ledger DOL Form 5500 · updated monthly

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
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261250834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.