Plan Ledger DOL Form 5500 · updated monthly

Field Aerospacebenefits

Field Aerospace Group Health and Welfare Plan · CINCINNATI, OH · plan year 2024

Broker compensation reported · 2024
$16,291

Field Aerospace's benefits plans covered 161 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $199,202. Insurance brokers and agents were paid $16,291 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay rose 44% from $11,332 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$131K · 161 covered
STANDARD INSURANCE COMPANY · std$48K · 60 covered
STANDARD INSURANCE COMPANY · ltd$19K · 161 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 124 covered
STANDARD INSURANCE COMPANYpremiums n/a · 59 covered
CIGNA · healthpremiums n/a · 160 covered
Brokers & agents paid · 20245
USI INSURANCE$3,820 · incl $3,820 fees
ADP, INC.$7,010 · incl $7,010 fees
SHEALY BENEFITS$652 · incl $652 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 453016176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.