Plan Ledger DOL Form 5500 · updated monthly

Heico Corporationbenefits

Heico Corporation Group Insurance Plan · HOLLYWOOD, FL · plan year 2024

Broker compensation reported · 2024
$414,107

Heico Corporation's benefits plans covered 5,625 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $414,107 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $74 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.3% from $404,683 in 2023.

Insurance contracts · 20245
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 4,003 covered
KAISER FOUNDATION HEALTH PLAN INC · health drugpremiums n/a · 34 covered
KAISER FOUNDATION HEALTH PLAN INC · health drugpremiums n/a · 355 covered
UNUM INSURANCE COMPANYpremiums n/a · 462 covered
UNUM INSURANCE COMPANYpremiums n/a · 1,056 covered
Brokers & agents paid · 20242
USI INS SERVICES LLC (FT. LAUD)$347,728 · incl $63,785 fees
CLEVIDENCE INSURANCE, AN ALERA$66,379
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 650341002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.