Plan Ledger DOL Form 5500 · updated monthly

Cornelis Networksbenefits

Cornelis Networks, Inc. Benefit Plan · CHESTERBROOK, PA · plan year 2024

Broker compensation reported · 2024
$225,856

Cornelis Networks's benefits plans covered 209 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,072,864. Insurance brokers and agents were paid $225,856 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $1,081 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 6.3% from $212,558 in 2023.

Insurance contracts · 20245
INDEPENDENCE BLUE CROSS · health drug ppo$3.1M · 434 covered
STARMOUNT LIFE INSURANCE COMPANY · dentalpremiums n/a · 172 covered
VISION SERVICE PLAN · visionpremiums n/a · 178 covered
UNUM INSURANCE COMPANYpremiums n/a · 78 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 209 covered
Brokers & agents paid · 20246
EMERSON ROGERS, LLC$143,973 · incl $5,236 fees
LOCKTON COMPANIES, LLC$54,605 · incl $10,669 fees
PROFESSIONAL GROUP PLANS, INC.$26,464 · incl $26,464 fees
EVOLVE INSURANCE ADVISORS LLC$571
JAMES R NELLIGAN & ASSOCIATES$222 · incl $222 fees
Also brokered by Emerson Rogers, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 843702824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.