Plan Ledger DOL Form 5500 · updated monthly

Henricksen & Company Incbenefits

Henricksen Fringe Benefits Plan · ITASCA, IL · plan year 2024

Broker compensation reported · 2024
$170,909

Henricksen & Company Inc's benefits plans covered 346 active participants in 2024, providing health · life · dental · vision · long-term disability · other · short-term disability. Insurance premiums totaled $591,093. Insurance brokers and agents were paid $170,909 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.9% of premiums. That is $494 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $191,929 in 2023.

Insurance contracts · 20244
INDEPENDENCE BLUE CROSS · drug ppo$591K · 85 covered
BLUE CROSS BLUE SHIELD OF IL · healthpremiums n/a · 258 covered
BLUE CROSS BLUE SHIELD OF TN · healthpremiums n/a · 62 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dental vision life std ltdpremiums n/a · 346 covered
Brokers & agents paid · 20243
THE HORTON GROUP$145,131 · incl $53,650 fees
KENNETH R OLSON$10,176
Also brokered by The Horton Group5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362649935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.