Plan Ledger DOL Form 5500 · updated monthly

Factor Lawbenefits

Factor Law Health and Welfare Benefit Plan · CHICAGO, IL · plan year 2023

Broker compensation reported · 2023
$39,719

Factor Law's benefits plan covered 92 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $39,719 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $432 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 202310
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 92 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 50 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 92 covered
CIGNA LIFE INSURANCE CO OF NEW YORK · stdpremiums n/a · 5 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 92 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental visionpremiums n/a · 98 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 137 covered
Brokers & agents paid · 20233
FNA INSURANCE SERVICES, INC.$4,118 · incl $4,118 fees
FNA INSURANCE SERVICES INC.$34,335 · incl $30,882 fees
Also brokered by Fna Insurance Services, Inc.5
Staff-Line, Inc. NY$228,064

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 833433229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.