Plan Ledger DOL Form 5500 · updated monthly

Concept Laboratories, Inc.benefits

Concept Laboratories, Inc. Group Insurance Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$84,904

Concept Laboratories, Inc.'s benefits plans covered 101 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $84,904 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $841 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 18.0x the $4,715 reported for 2023.

Insurance contracts · 20244
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 87 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 101 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 120 covered
Brokers & agents paid · 20244
LANG FINANCIAL GROUP CHICAGO LTD$58,104
THE BOON INSURANCE AGENCY INC$16,290 · incl $16,290 fees
1706 INSURANCE AGENCY$5,517
LANG FINANCIAL GROUP CHICAGO$4,993 · incl $992 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364019770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.