Plan Ledger DOL Form 5500 · updated monthly

Dr. Reddy's Laboratories, Inc.benefits

Employee Benefits Plan · PRINCETON, NJ · plan year 2024

Previously filed as Dr. Reddy's Laboratories Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$35,313

Dr. Reddy's Laboratories, Inc.'s benefits plans covered 351 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $299,573. Insurance brokers and agents were paid $35,313 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay rose 12% from $31,564 in 2023.

Insurance contracts · 202411
DELTA DENTAL OF NEW JERSEY, INC. · dental$300K · 702 covered
METLIFE LEGAL PLANSpremiums n/a · 43 covered
VISION SERVICE PLAN · visionpremiums n/a · 318 covered
TRANSAMERICA LIFE INSURANCE COMPANY · lifepremiums n/a · 63 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 363 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 363 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 363 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 363 covered
Brokers & agents paid · 20243
WINSTON FINANCIAL SERVICES, INC.$7,106
GALLAGHER BENEFIT SERVICES, INC.$10,102 · incl $8,662 fees
MERCER HEALTH AND BENEFITS, LLC.$18,105 · incl $4,032 fees
Also brokered by Winston Financial Services, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223181573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.