Plan Ledger DOL Form 5500 · updated monthly

Beebe Healthcarebenefits

Beebe Medical Center Health and Welfare Program · LEWES, DE · plan year 2024

Broker compensation reported · 2024
$276,672

Beebe Healthcare's benefits plans covered 3,117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $531,430. Insurance brokers and agents were paid $276,672 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.1% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $247,182 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · ltd$355K · 2,372 covered
VISION BENEFITS OF AMERICA · vision$176K · 2,025 covered
MINNESOTA LIFE INSURANCE COMPANY · lifepremiums n/a · 3,117 covered
COMPSYCH CORPORATIONpremiums n/a · 3,100 covered
ARAG SERVICES, LLCpremiums n/a · 546 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 1,134 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$271,974 · incl $39,645 fees
BENEFIT ADVISORS SERVICES GROUP$4,698 · incl $4,698 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 510067938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.