Biocon Biologics, Inc.benefits
Biocon Biologics Limited · BRIDGEWATER, NJ · plan year 2024
Broker compensation reported · 2024
$155,543
Biocon Biologics, Inc.'s benefits plan covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,770,758. Insurance brokers and agents were paid $155,543 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.8% of premiums. That is $1,030 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$1.8M · 194 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 55 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 286 covered
Brokers & agents paid · 20246
AON CONSULTING$48,591 · incl $48,591 fees
AON CONSULTING INC.$7,005 · incl $7,005 fees
GIS BENEFITS INC.$5,086 · incl $5,086 fees
GIS BENEFITS$3,312 · incl $135 fees
CUSTOM BENEFIT PROGRAMS, INC.$1,927 · incl $34 fees
BOON CHAPMAN BENEFIT ADMINISTRATORS$89,622 · incl $17,849 fees
Also brokered by Aon5
Walgreen Co. IL$25,664,274
Starbucks Corporation WA$8,285,057
Darden Restaurants, Inc. FL$6,649,156
Macy's, Inc. OH$5,287,224
Trinet HR III, Inc. CA$4,596,776
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 843683614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.