Plan Ledger DOL Form 5500 · updated monthly

Array Technologies, Inc.benefits

Array Technologies, Inc. Health & Welfare Benefit Plan · ALBUQUERQUE, NM · plan year 2024

Broker compensation reported · 2024
$50,474

Array Technologies, Inc.'s benefits plans covered 464 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $50,474 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay fell 60% from $127,472 in 2023.

Insurance contracts · 20245
METROPOLITAN LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 815 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 652 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 146 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 292 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 1 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$25,112 · incl $5,007 fees
GALLAGHER BENEFIT SERVICES, INC.$25,362 · incl $6,335 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850402479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.