Plan Ledger DOL Form 5500 · updated monthly

Hydro Incorporatedbenefits

Hydro Incorporated L-T Disability, Dental, and Term Life Insurance Plans · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$158,113

Hydro Incorporated's benefits plans covered 373 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $158,113 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $424 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.6% from $151,220 in 2023.

Insurance contracts · 20243
BLUECROSS BLUESHIELD OF ILLINOIS · health drugpremiums n/a · 609 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 373 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$158,113 · incl $8,740 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362995778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.