Carel USAbenefits
Carel USA, Inc. Health & Welfare Plan · MANHEIM, PA · plan year 2024
Broker compensation reported · 2024
$17,723
Carel USA's benefits plans covered 161 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $17,723 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $110 per covered person, below the median for employer plans that report broker pay. Broker pay fell 79% from $85,687 in 2023.
Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 142 covered
AETNA LIFE INSURANCE COMPANY · health drugpremiums n/a · 270 covered
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 259 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 172 covered
Brokers & agents paid · 20242
ALERA GROUP, INC.$6,633 · incl $6,633 fees
AMERICAN INSURANCE ADMINISTRATORS$11,090 · incl $1,571 fees
Also brokered by Alera Group, Inc.5
Quinn Emanuel Urquhart & Sullivan, LLP CA$994,685
Liberty Utilities Co. AZ$457,150
Sps Technologies, LLC PA$393,927
Firstday Foundation TX$345,546
Hydraulics International, Inc. CA$238,940
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232786822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.