Ballester Hermanos Inc.benefits
Ballester Hermanos Health Plan · SAN JUAN, PR · plan year 2024
Broker compensation reported · 2024
$2,250,071
Ballester Hermanos Inc.'s benefits plan covered 444 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $2,127,652. Insurance brokers and agents were paid $2,250,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 105.8% of premiums. That is $5,068 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20243
TRIPLE S SALUD INC. · health ltd$1.1M · 280 covered
FIRST MEDICAL HEALTH PLAN, INC. · health drug vision life ppo$870K · 305 covered
DELTA DENTAL OF PUERTO RICO, INC. · dental$116K · 444 covered
Brokers & agents paid · 20243
CGF INSURANCE LLC$1,198,107 · incl $56,526 fees
EASTERN AMERICA INSURANCE AGENCY$930,368 · incl $60,049 fees
CGF INSURANCE$121,596 · incl $5,844 fees
Also brokered by Cgf Insurance LLC5
First Bank Puerto Rico PR$18,066,095
Empresas Fonalledas Inc PR$3,418,919
Empresas Berrios PR$3,165,215
Pan American Grain Manufacturing Co Inc PR$1,512,343
Cic Construction Group Se PR$1,067,841
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660175269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.