Plan Ledger DOL Form 5500 · updated monthly

Franklin Biolabs, Inc.benefits

Franklin Biolabs, Inc. Group Life & Disability · KING OF PRUSSIA, PA · plan year 2024

Broker compensation reported · 2024
$173,422

Franklin Biolabs, Inc.'s benefits plans covered 105 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,485,539. Insurance brokers and agents were paid $173,422 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.7% of premiums. That is $1,652 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20245
INDEPENDENCE BLUE CROSS · health ppo$1.1M · 177 covered
INDEPENDENCE BLUE CROSS · drug vision$400K · 155 covered
ACE AMERICAN INSURANCE COMPANY · healthpremiums n/a · 82 covered
FIDELIO INSURANCE COMPANY · dental ppopremiums n/a · 99 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 105 covered
Brokers & agents paid · 20246
STERLING BENEFITS, LLC$99,437 · incl $422 fees
STERLING BENEFITS$50,536 · incl $50,536 fees
90 DEGREE BENEFITS$12,129
JAMES R. NELLIGAN & ASSOCIATES, LLC$6,891 · incl $6,891 fees
FMLASOURCE, INC.$2,189 · incl $2,189 fees
JOHNSON KENDALL AND JOHNSON$2,240
Also brokered by Sterling Benefits, LLC2
Umortgage, LLC PA$31,781

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 922819050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.