Plan Ledger DOL Form 5500 · updated monthly

Alvogen Group, Inc.benefits

Alvogen Group, Inc. Health & Welfare Plan · MORRISTOWN, NJ · plan year 2025

Broker compensation reported · 2025
$55,419

Alvogen Group, Inc.'s benefits plans covered 518 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $58,923. Insurance brokers and agents were paid $55,419 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 94.1% of premiums. That is $107 per covered person, below the median for employer plans that report broker pay. Broker pay fell 35% from $85,358 in 2024.

Insurance contracts · 20254
VISION SERVICE PLAN · vision$59K · 357 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 518 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH PApremiums n/a · 529 covered
EMPLOYEE NETWORK, INC.premiums n/a · 518 covered
Brokers & agents paid · 20253
IMG$113 · incl $113 fees
Also brokered by Nfp5
Knapp, Inc. GA$550,025

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 260557685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.