Plan Ledger DOL Form 5500 · updated monthly

Hanon Systems Alabama Corpbenefits

Hanon Systems Alabama Corp Health and Welfare Plan · SHORTER, AL · plan year 2025

Broker compensation reported · 2025
$233,093

Hanon Systems Alabama Corp's benefits plans covered 847 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,423,899. Insurance brokers and agents were paid $233,093 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $275 per covered person, above the median for employer plans that report broker pay. Broker pay fell 13% from $269,366 in 2024.

Insurance contracts · 20254
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug dental ppo$3.4M · 647 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 419 covered
VISION SERVICE PLAN · visionpremiums n/a · 325 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 1,711 covered
Brokers & agents paid · 20254
GALLAGHER BENEFIT SERVICES, INC.$231,763 · incl $23,888 fees
HYLANT GROUP INC$378 · incl $13 fees
NATIONAL ENROLLMENT PARTNERS, LLC$101 · incl $101 fees
Individual agent · names withheld$851

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.

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 820589188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.