Garan, Incorporatedbenefits
Garan, Incorporated Health and Welfare Plan · NEW YORK, NY · plan year 2025
Broker compensation reported · 2025
$122,421
Garan, Incorporated's benefits plans covered 394 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $122,421 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $311 per covered person, above the median for employer plans that report broker pay. Broker pay fell 29% from $171,523 in 2024.
Insurance contracts · 20253
FIRST SYMETRA NATIONAL LIFE INS CO OF NEW YORK · stop-losspremiums n/a · 380 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental visionpremiums n/a · 372 covered
FIRST UNUM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 394 covered
Brokers & agents paid · 20255
ALERA GROUP, INC DBA BRIO$50,246 · incl $7,008 fees
ALERA GROUP INC$42,330 · incl $42,330 fees
PROFESSIONAL GROUP PLANS INC$18,424 · incl $18,424 fees
BRIO BENEFIT CONSULTING INC$7,506 · incl $7,506 fees
ALERA GROUP INC D/B/A ARMS$3,915 · incl $3,915 fees
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 135665557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.