Plan Ledger DOL Form 5500 · updated monthly

Chemence Incbenefits

Chemence Inc Welfare Benefit Plan · ALPHARETTA, GA · plan year 2024

Broker compensation reported · 2024
$102,360

Chemence Inc's benefits plans covered 185 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,371,084. Insurance brokers and agents were paid $102,360 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $553 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.6x the $22,229 reported for 2023.

Insurance contracts · 20246
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental$1.4M · 191 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 185 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 370 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 31 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 185 covered
EYEMED VISION CARE · visionpremiums n/a · 174 covered
Brokers & agents paid · 20244
MCGRIFF INSURANCE SERVICES LLC$88,994 · incl $81,445 fees
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341607498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.