Plan Ledger DOL Form 5500 · updated monthly

Elgi Compressors USAbenefits

Elgi Compressors USA Health and Welfare Plan · CHARLOTTE, NC · plan year 2024

Broker compensation reported · 2024
$64,345

Elgi Compressors USA's benefits plans covered 199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $186,575. Insurance brokers and agents were paid $64,345 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.5% of premiums. That is $323 per covered person, above the median for employer plans that report broker pay. Broker pay rose 105% from $31,389 in 2023.

Insurance contracts · 20247
DELTA DENTAL OF NORTH CAROLINA · dental$106K · 305 covered
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug dental$61K · 10 covered
STANDARD INSURANCE COMPANY · vision$19K · 134 covered
MCLAUGHLIN YOUNG EMPLOYEE SERVICES, INC.premiums n/a · 150 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmopremiums n/a · 41 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 199 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 199 covered
Brokers & agents paid · 20244
USI INSURANCE SERVICES LLC$46,327 · incl $2,942 fees
UNKNOWN$9,101
EMERSON ROGERS LLC$4,078 · incl $4,078 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 331224643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.