Plan Ledger DOL Form 5500 · updated monthly

Basin Engineeringbenefits

Basin Health and Welfare Plan · OKLAHOMA CITY, OK · plan year 2024

Broker compensation reported · 2024
$42,114

Basin Engineering's benefits plans covered 188 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $42,114 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $224 per covered person, above the median for employer plans that report broker pay. Broker pay fell 35% from $65,180 in 2023.

Insurance contracts · 20243
COMMUNITYCARE HMOpremiums n/a · 102 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 423 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 188 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$42,114 · incl $6,496 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 731482568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.