Plan Ledger DOL Form 5500 · updated monthly

Hendrick Medical Centerbenefits

Hendrick Employee Benefit Plan · ABILENE, TX · plan year 2024

Broker compensation reported · 2024
$790,206

Hendrick Medical Center's benefits plans covered 4,408 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $790,206 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $179 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $627,948 in 2023.

Insurance contracts · 20242
METROPOLITAN LIFE INSURANCE COMPANY · dental visionpremiums n/a · 6,608 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 4,408 covered
Brokers & agents paid · 20242
BENEFIT COMMUNICATIONS, INC.$217,254
LOCKTON COMPANIES, LLC$572,952 · incl $186,687 fees
Also brokered by Benefit Communications, Inc.5
Foster Poultry Farms CA$27,000,431

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 750827446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.