Plan Ledger DOL Form 5500 · updated monthly

Borealis Compounds, Inc.benefits

Borealis Compounds, Inc. Welfare Plan · PORT MURRAY, NJ · plan year 2024

Broker compensation reported · 2024
$134,009

Borealis Compounds, Inc.'s benefits plans covered 229 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $134,009 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $585 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 0.9% from $132,877 in 2023.

Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 372 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 229 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 229 covered
Brokers & agents paid · 20242
BOLLINGER, INC.$127,246 · incl $127,246 fees
GALLAGHER BENEFIT SERVICES, INC.$6,763 · incl $647 fees
Also brokered by Bollinger, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222768116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.