Beary Management Services, Inc.benefits
Beary Management Services, Inc. Premium Conversion Plan · CHICAGO, IL · plan year 2023
Broker compensation reported · 2023
$178,060
Beary Management Services, Inc.'s benefits plan covered 1,065 active participants in 2023, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $8,410,313. Insurance brokers and agents were paid $178,060 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.1% of premiums. That is $167 per covered person, below the median for employer plans that report broker pay.
Insurance contracts · 20235
BLUECROSS BLUESHIELD OF ILLINOIS · health$8.3M · 1,516 covered
VISION SERVICE PLAN · vision$77K · 784 covered
DELTA DENTAL OF ILLINOIS · dentalpremiums n/a · 1,013 covered
HEALTH NET · health dental visionpremiums n/a · 27 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 1,065 covered
Brokers & agents paid · 20233
ALLIANT INSURANCE SERVICES$68,092
MESIROW INSURANCE SERVICES, INC.$97,755 · incl $33,744 fees
Also brokered by Alliant5
Sagewell Healthcare Benefits Trust PA$2,147,569
Tyson Foods, Inc. AR$2,061,517
Steward Health Care System LLC TX$1,987,732
Fpi Management CA$1,840,938
G&A Outsourcing, Inc. dba G&A Partners TX$1,434,456
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 823712922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.