Plan Ledger DOL Form 5500 · updated monthly

Fareva Morton Grove, Inc.benefits

Fareva US Health and Welfare Benefit Plan · MORTON GROVE, IL · plan year 2024

Broker compensation reported · 2024
$87,449

Fareva Morton Grove, Inc.'s benefits plans covered 121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $87,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $723 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 25% from $69,851 in 2023.

Insurance contracts · 20247
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 26 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 32 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health dental visionpremiums n/a · 96 covered
CIGNA DENTAL HEALTH OF KENTUCKY · dental hmopremiums n/a · 12 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · std ltdpremiums n/a · 222 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 168 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 222 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$76,041 · incl $24,882 fees
THE NIA GROUP$11,408 · incl $11,408 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 825221465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.