Flowserve Corporationbenefits
Flex Health and Welfare Benefit Plan · IRVING, TX · plan year 2024
Broker compensation reported · 2024
$227,037
Flowserve Corporation's benefits plans covered 4,764 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $227,037 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 0.9% from $229,130 in 2023.
Insurance contracts · 20248
FEDERAL INSURANCE COMPANYpremiums n/a · 16,000 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 4,463 covered
OPTUM HEALTH AND TECHNOLOGY - USpremiums n/a · 4,537 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 4,899 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 5,042 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 2,764 covered
SUN LIFE ASSURANCE COMPANY OF CANADApremiums n/a · 4,054 covered
VISION SERVICE PLAN · visionpremiums n/a · 3,692 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES LLC$60,282 · incl $17,576 fees
WILLIS TOWERS WATSON US LLC$166,755 · incl $94,770 fees
Also brokered by Lockton5
Universal Services of America, LP CA$6,163,025
National Medical Care, Inc. MA$4,519,777
Piedmont Healthcare, Inc. GA$3,346,874
Global Medical Response, Inc. TX$3,235,082
Banner Health AZ$3,011,257
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310267900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.