Plan Ledger DOL Form 5500 · updated monthly

Hanwha Vision America, Inc.benefits

Hanwha Vision America, Inc. Employee Benefits Plan · TEANECK, NJ · plan year 2024

Broker compensation reported · 2024
$503,137

Hanwha Vision America, Inc.'s benefits plan covered 368 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $6,119,968. Insurance brokers and agents were paid $503,137 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.2% of premiums. That is $1,367 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$6.1M · 635 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 368 covered
Brokers & agents paid · 20244
CORPORATE SYNERGIES GROUP LLC$215,611 · incl $215,611 fees
J52 AGENCY CORP$164,527 · incl $164,527 fees
CENTERSTONE INS AND FINANCIAL$79,041 · incl $14,658 fees
CENTERSTONE INS & FIN SVC LLC$43,958 · incl $43,958 fees
Also brokered by Corporate Synergies Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223015117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.