Plan Ledger DOL Form 5500 · updated monthly

Hy Labonne & Sons, Inc.benefits

Hy Labonne & Sons Health and Welfare Plan · WOODBURY, CT · plan year 2024

Broker compensation reported · 2024
$37,161

Hy Labonne & Sons, Inc.'s benefits plans covered 135 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $37,161 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $275 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.8x the $7,701 reported for 2023.

Insurance contracts · 20245
CONNECTICARE · health drug hmo ppopremiums n/a · 96 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 135 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 11 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 135 covered
Brokers & agents paid · 20244
SMITH BROTHERS INSURANCE, LLC$31,474 · incl $30,627 fees
SMITH BROTHERS INSURANCE$3,191
HPHC INSURANCE AGENCY, INC.$1,762
PROFESSIONAL PENSIONS, INC.$734
Also brokered by Smith Brothers Insurance, LLC5
Argan, Inc. MD$167,847

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060803436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.