Plan Ledger DOL Form 5500 · updated monthly

Financial Accounting Foundationbenefits

Financial Accounting Foundation Welfare Plan · NORWALK, CT · plan year 2025

Broker compensation reported · 2025
$96,309

Financial Accounting Foundation's benefits plans covered 149 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $184,612. Insurance brokers and agents were paid $96,309 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.2% of premiums. That is $646 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 7.6% from $104,245 in 2024.

Insurance contracts · 20254
DELTA DENTAL OF CONNECTICUT, INC. · dental$185K · 288 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 304 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 149 covered
Brokers & agents paid · 20253
GALLAGHER BENEFIT SERVICES, INC.$93,129 · incl $8,624 fees
ALERA GROUP, INC.$2,780 · incl $2,780 fees
CM SMITH AGENCY, LLC$400
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 237211935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.