Plan Ledger DOL Form 5500 · updated monthly

Chervon North America, Inc.benefits

Chervon North America Welfare Plan · NAPERVILLE, IL · plan year 2024

Broker compensation reported · 2024
$217,958

Chervon North America, Inc.'s benefits plans covered 240 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $217,958 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $908 per covered person, in the top 10% of employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20246
COMPSYCH CORPORATIONpremiums n/a · 1 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 240 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health drug dentalpremiums n/a · 535 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 197 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 240 covered
UNUM INSURANCE COMPANYpremiums n/a · 72 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$217,958 · incl $12,862 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202544210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.