Plan Ledger DOL Form 5500 · updated monthly

American Valve & Hydrant Manufacturing Companybenefits

American Valve & Hydrant Health Insurance Plan · BEAUMONT, TX · plan year 2024

Broker compensation reported · 2024
$68,120

American Valve & Hydrant Manufacturing Company's benefits plans covered 218 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $2,578,784. Insurance brokers and agents were paid $68,120 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $312 per covered person, above the median for employer plans that report broker pay. Broker pay rose 67% from $40,832 in 2023.

Insurance contracts · 20243
HEALTH CARE SERVICE CORPORATION · health drug dental stop-loss$2.5M · 442 covered
Brokers & agents paid · 20243
CADENCE INSURANCE INC.$54,875 · incl $7,705 fees
GALLAGHER BENEFIT SERVICES, INC$4,281 · incl $1,537 fees
Also brokered by Cadence Insurance Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 741616964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.