Plan Ledger DOL Form 5500 · updated monthly

Allentown Mack Sales & Service, Inc.benefits

Allentown Mack Sales & Service, Inc. Group Vision Plan · ALLENTOWN, PA · plan year 2024

Broker compensation reported · 2024
$19,788

Allentown Mack Sales & Service, Inc.'s benefits plans covered 113 active participants in 2024, providing vision. Insurance premiums totaled $148,919. Insurance brokers and agents were paid $19,788 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.3% of premiums. That is $175 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.3% from $18,612 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · std$74K · 109 covered
STANDARD INSURANCE COMPANY · ltd$40K · 97 covered
STANDARD INSURANCE COMPANY · life$35K · 83 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · visionpremiums n/a · 110 covered
Brokers & agents paid · 20242
DAVID VELHO$17,680
GALLAGHER BENEFITS SERVICES INC$2,108 · incl $348 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232624881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.