Plan Ledger DOL Form 5500 · updated monthly

Denton County Electric Coop, Inc. dba Coserv Electricbenefits

Coserv Electric Group Health Benefit Plan · CORINTH, TX · plan year 2024

Broker compensation reported · 2024
$380,885

Denton County Electric Coop, Inc. dba Coserv Electric's benefits plans covered 550 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $7,365,999. Insurance brokers and agents were paid $380,885 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $693 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 16% from $328,180 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF TEXAS · stop-loss ppo$7.4M · 1,237 covered
METROPOLITAN LIFE INSURANCE · life ltdpremiums n/a · 1,094 covered
DELTA DENTAL · dentalpremiums n/a · 1,162 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 510 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES LLC$223,047 · incl $92,868 fees
THE MUND GROUP LTD$157,838
Also brokered by Lockton5
Banner Health AZ$3,011,257

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 750233075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.