Argan, Inc.benefits
Argan, Inc. Comprehensive Health and Welfare Benefit Plan · ROCKVILLE, MD · plan year 2024
Broker compensation reported · 2024
$207,391
Argan, Inc.'s benefits plans covered 332 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $207,391 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $625 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 23% from $168,086 in 2023.
Insurance contracts · 20244
AETNA LIFE INSURANCE COMPANY · health drugpremiums n/a · 484 covered
VISION SERVICE PLAN · visionpremiums n/a · 202 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 780 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 332 covered
Brokers & agents paid · 20244
SMITH BROTHERS INSURANCE, LLC$167,847 · incl $142,149 fees
EMERSON REID LLC$16,294 · incl $16,294 fees
SBI BENEFITS CONSULTANTS$16,030
EMERSON ROGERS LLC$7,220 · incl $7,220 fees
Also brokered by Smith Brothers Insurance, LLC5
Prime Materials Recovery, Inc. CT$132,950
United Way of Connecticut, Inc. CT$119,035
The Simon Konover Company CT$105,614
United Abrasives, Inc. CT$87,488
Red Deer Capital, Inc. CT$51,061
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 131947195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.