Plan Ledger DOL Form 5500 · updated monthly

Answernet, Inc.benefits

Answernet, Inc. Employee Benefit Plan · HORSHAM, PA · plan year 2024

Broker compensation reported · 2024
$70,151

Answernet, Inc.'s benefits plans covered 296 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $667,275. Insurance brokers and agents were paid $70,151 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.5% of premiums. That is $237 per covered person, above the median for employer plans that report broker pay. Broker pay fell 38% from $114,005 in 2023.

Insurance contracts · 20248
INDEPENDENCE BLUE CROSS · health drug ppo$667K · 70 covered
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 352 covered
HEARTLAND · visionpremiums n/a · 389 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 12 covered
KANSAS CITY LIFE INSURANCE COMPANY · stdpremiums n/a · 73 covered
BOSTON MUTUAL LIFE INSURANCE COMPANY · lifepremiums n/a · 136 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 58 covered
UNUM INSURANCE COMPANYpremiums n/a · 48 covered
Brokers & agents paid · 20246
GALLAGHER BENEFIT SERVICES, INC.$43,402 · incl $5,813 fees
EMERSON ROGERS, LLC$4,131 · incl $3,229 fees
NORTH AMERICAN BENEFITS CO.$2,507 · incl $2,507 fees
CENTERSTONE INS & FIN SER$955 · incl $285 fees
STRATEGIC NON-MEDICAL SLTINS., LLC$688 · incl $688 fees
BROWN AND BROWN$18,468 · incl $445 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232967465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.