Plan Ledger DOL Form 5500 · updated monthly

Channellock, Inc.benefits

Channellock, Inc. Employee Welfare Plan · MEADVILLE, PA · plan year 2024

Broker compensation reported · 2024
$107,830

Channellock, Inc.'s benefits plans covered 304 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $107,830 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $355 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $89,976 in 2023.

Insurance contracts · 20246
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 483 covered
UPMC HEALTH OPTIONS · health drug ppopremiums n/a · 505 covered
GUARDIAN · dentalpremiums n/a · 224 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 305 covered
HIGHMARK, INC. · healthpremiums n/a · 99 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 150 covered
Brokers & agents paid · 20244
PROFESSIONAL GROUP PLANS, INC.$14,311 · incl $14,311 fees
THE HDH GROUP, INC.$24,112 · incl $6,087 fees
AP BENEFIT ADVISORS, LLC$1,218 · incl $1,218 fees
ASSURED PARTNERS OF PENNSYLVANIA$68,189 · incl $1,087 fees
Also brokered by Professional Group Plans, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 250399850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.