Plan Ledger DOL Form 5500 · updated monthly

Electronic Technology, LLCbenefits

Electronic Technology Incorporated Health/Prescription Insurance Plan · IRVINGTON, NJ · plan year 2024

Broker compensation reported · 2024
$285,279

Electronic Technology, LLC's benefits plans covered 395 active participants in 2024, providing health. Insurance brokers and agents were paid $285,279 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $722 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 6.5x the $44,079 reported for 2023.

Insurance contracts · 20242
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 359 covered
HORIZON HEALTHCARE SERVICES, INC. · health drugpremiums n/a · 281 covered
Brokers & agents paid · 20243
LOCKTON COMPANIES, INC.$45,034 · incl $5,615 fees
GIS BENEFITS, INC.$30,236 · incl $7,452 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 872299303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.