Plan Ledger DOL Form 5500 · updated monthly

Fourgen Holdings, Incbenefits

Fourgen Holdings, Inc Health and Welfare Plan · OAK BROOK, IL · plan year 2024

Broker compensation reported · 2024
$102,140

Fourgen Holdings, Inc's benefits plans covered 134 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $170,051. Insurance brokers and agents were paid $102,140 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.1% of premiums. That is $762 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 10.5x the $9,744 reported for 2023.

Insurance contracts · 20242
STANDARD INSURANCE COMPANY · life ltd$170K · 133 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 247 covered
Brokers & agents paid · 20242
THOMPSON FLANAGAN BENEFITS GROUP$85,806 · incl $818 fees
JAMES MCNICHOLS$16,334 · incl $1,671 fees
Also brokered by Thompson Flanagan Benefits Group5
Omnia Leather CA$63,738

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 843688753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.