Chaddock, Inc.benefits
Chaddock, Inc. Welfare Benefits Plan · QUINCY, IL · plan year 2024
Broker compensation reported · 2024
$231,332
Chaddock, Inc.'s benefits plans covered 240 active participants in 2024, providing life · long-term disability · death benefits. Insurance brokers and agents were paid $231,332 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $964 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 14.4x the $16,032 reported for 2023.
Insurance contracts · 20245
ARDELLIS INSURANCE LIMITED · healthpremiums n/a · 198 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 240 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 300 covered
METLIFE · dentalpremiums n/a · 583 covered
VISION SERVICE PLAN · visionpremiums n/a · 197 covered
Brokers & agents paid · 20245
ALLIED$120,932
ASSURANCE AGENCY$41,024
GO CONSULTANTS$35,040
HEALTHLINK INC$13,666
MARSH & MCLENNAN AGENCY LLC$20,670 · incl $3,926 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 301118960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.