Plan Ledger DOL Form 5500 · updated monthly

Bank of Chinabenefits

Benefit Plan - Medical, Dental, Life, Ad&D, LTD, Std and Fsa · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$77,251

Bank of China's benefits plans covered 968 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $77,251 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $80 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.5% from $71,178 in 2023.

Insurance contracts · 20246
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 1,616 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 1,418 covered
SUN LIFE AND HEALTH INSURANCE COMPANY · life std ltdpremiums n/a · 867 covered
HEALTH AND HUMAN RESOURCE CENTER, INC.premiums n/a · 42 covered
AETNA BEHAVIORAL HEALTH, LLCpremiums n/a · 848 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS LLC$77,251 · incl $26,289 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133090509 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.