Forma Brands, LLCbenefits
Forma Brands LLC Wrap Plan · PACOIMA, CA · plan year 2024
Broker compensation reported · 2024
$123,994
Forma Brands, LLC's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $123,994 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $976 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 41% from $210,854 in 2023.
Insurance contracts · 20249
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 286 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 23 covered
SAFEGUARD HEALTH PLANS, INC., A CALIFORNIA CORPORATION · dentalpremiums n/a · 45 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 103 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 73 covered
SAFEGUARD HEALTH PLANS, INC., A TEXAS CORPORATION · dentalpremiums n/a · 6 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 29 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 40 covered
SAFEGUARD HEALTH PLANS, INC., A FLORIDA CORPORATION · dentalpremiums n/a
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC$123,994 · incl $5,697 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 922190793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.