Plan Ledger DOL Form 5500 · updated monthly

Hydra-Electric Companybenefits

Hydra-Electric Company Welfare Benefits Plan · BURBANK, CA · plan year 2024

Broker compensation reported · 2024
$132,941

Hydra-Electric Company's benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $132,941 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $791 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 8.9% from $122,097 in 2023.

Insurance contracts · 20246
HEALTH NET · health drug hmo ppopremiums n/a · 45 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 136 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 117 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 168 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 168 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$132,941 · incl $1,297 fees
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 951914801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.