Plan Ledger DOL Form 5500 · updated monthly

Hatch Babybenefits

Hatch Baby Health & Welfare Benefit Plan · PALO ALTO, CA · plan year 2024

Broker compensation reported · 2024
$266,232

Hatch Baby's benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $266,232 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,740 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 13% from $234,699 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 140 covered
KAISER FOUNDATION HEALTH PLAN, INC · health hmopremiums n/a · 34 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 167 covered
Brokers & agents paid · 20246
CARMAN AND FAIRBANKS INS SVCS, INC$138,345
WORD & BROWN INS$55,341 · incl $55,341 fees
CARMAN AND FAIRBANKS INSURANCE$35,728
WORD & BROWN INSURANCE ADMINI$17,965
CARMAN AND FAIRBANKS INS SERVICES$15,604
BEERE & PURVES INC (GA)$3,249

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 452119205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.