Plan Ledger DOL Form 5500 · updated monthly

Hes Facilities Managementbenefits

Hes Facilities Management Health & Welfare Plan · KNOXVILLE, TN · plan year 2024

Broker compensation reported · 2024
$534,034

Hes Facilities Management's benefits plans covered 6,019 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $8,446,792. Insurance brokers and agents were paid $534,034 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay rose 16% from $460,383 in 2023.

Insurance contracts · 20243
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health drug dental vision$8.4M · 1,615 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 200 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 6,019 covered
Brokers & agents paid · 20247
EXPLAIN MY BENEFITS, LLC$137,956 · incl $44,500 fees
KEVIN MCDANIEL$137,315
KATHERINE DILLARD$72,849
LOCKTON COMPANIES, LLC$171,341 · incl $13,454 fees
PLANSOURCE BENEFITS ADMIN., INC.$3,266
GALLAGHER BENEFIT SERVICES, INC.$11,250 · incl $849 fees
Individual agent · names withheld$57

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Explain My Benefits, LLC5
Schenker, Inc. VA$375,158

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850585403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.