Plan Ledger DOL Form 5500 · updated monthly

Giordano, Halleran and Ciesla, P.C.benefits

Giordano, Halleran and Ciesla, P. C. Welfare Plan · RED BANK, NJ · plan year 2024

Broker compensation reported · 2024
$110,032

Giordano, Halleran and Ciesla, P.C.'s benefits plans covered 120 active participants in 2024, providing health · life · dental · long-term disability · death benefits · other. Insurance premiums totaled $155,359. Insurance brokers and agents were paid $110,032 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 70.8% of premiums. That is $917 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 4.2% from $105,628 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · life ltd$155K · 120 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 120 covered
HORIZON HEALTHCARE SERVICES, INC. · dentalpremiums n/a · 75 covered
TRANSAMERICA LIFE INSURANCE COMPANYpremiums n/a · 15 covered
JOHN HANCOCK FINANCIAL SERVICESpremiums n/a · 626 covered
NATIONAL GUARDIAN LIFEpremiums n/a · 120 covered
HORIZON HEALTHCARE SERVICES, INC. · health drugpremiums n/a · 80 covered
Brokers & agents paid · 20248
EMERSON REID NJ$83,227 · incl $14,227 fees
USI INSURANCE SERVICES LLC$23,822 · incl $1,146 fees
UNKNOWN$1,076
INTEGRITY MKTG GROUP LLC$280
COMMISSION FUNDING 3 LLC$216
MASTERCARE SOLUTIONS INC$142
Individual agent · names withheld$280

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Emerson Reid Nj5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222341750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.