Plan Ledger DOL Form 5500 · updated monthly

Hanwha Advanced Materials America, LLCbenefits

Hanwha Advanced Materials America, LLC Welfare · OPELIKA, AL · plan year 2024

Broker compensation reported · 2024
$243,947

Hanwha Advanced Materials America, LLC's benefits plans covered 480 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $593,372. Insurance brokers and agents were paid $243,947 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.1% of premiums. That is $508 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.5% from $226,925 in 2023.

Insurance contracts · 202411
BLUE CROSS AND BLUE SHIELD OF ALABAMA · dental$196K · 744 covered
STANDARD INSURANCE COMPANY · life$174K · 480 covered
STANDARD INSURANCE COMPANY · std$157K · 474 covered
STANDARD INSURANCE COMPANY · ltd$66K · 480 covered
STANDARD INSURANCE COMPANYpremiums n/a · 294 covered
STANDARD INSURANCE COMPANYpremiums n/a · 2 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · stop-losspremiums n/a · 389 covered
STANDARD INSURANCE COMPANYpremiums n/a · 1 covered
STANDARD INSURANCE COMPANYpremiums n/a · 2 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 675 covered
Brokers & agents paid · 20246
UTIC INSURANCE COMPANY$54,818
MARSH & MCLENNAN AGENCY, LLC$31,145 · incl $31,145 fees
UNKNOWN$20,587 · incl $20,581 fees
ADP INC$18,999 · incl $18,999 fees
MARSH & MCLENNAN AGENCY LLC$117,916 · incl $7 fees
MARSH & MCLENNAN$482 · incl $482 fees
Also brokered by Utic Insurance Company5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260779231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.