Plan Ledger DOL Form 5500 · updated monthly

Centerpoint Energy, Inc.benefits

Centerpoint Energy,Inc. Group Welfare Benefits Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$428,886

Centerpoint Energy, Inc.'s benefits plans covered 7,483 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,163,552. Insurance brokers and agents were paid $428,886 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.9% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 36% from $316,419 in 2023.

Insurance contracts · 20248
VISION SERVICE PLAN · vision$721K · 4,639 covered
VISION SERVICE PLAN · vision$443K · 2,848 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 1,602 covered
SIERRA HEALTH AND LIFE INSURANCE COMPANY, INC. · health drugpremiums n/a · 4,922 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 4,565 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 7,368 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 7,483 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 7,578 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICE$217,500 · incl $44,681 fees
GALLAGHER BENEFIT SERVICES, INC.$170,319 · incl $54,705 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 740694415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.