Plan Ledger DOL Form 5500 · updated monthly

Grand Street Settlement, Inc.benefits

Grand Street Settlement, Inc. Health and Welfare Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$209,643

Grand Street Settlement, Inc.'s benefits plans covered 458 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,518,324. Insurance brokers and agents were paid $209,643 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.3% of premiums. That is $458 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 19% from $175,660 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug$2.5M · 224 covered
ANTHEM BLUE CROSS · dental visionpremiums n/a · 268 covered
NEW YORK LIFE GROUP INSURANCE COMPANY OF NEW YORK · life ltdpremiums n/a · 458 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$209,643 · incl $195,669 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135562230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.