Plan Ledger DOL Form 5500 · updated monthly

Hydro Resources Holdings, Inc.benefits

Hydro Resources Holdings, Inc Employee Benefits Plan · SUGAR LAND, TX · plan year 2024

Broker compensation reported · 2024
$64,942

Hydro Resources Holdings, Inc.'s benefits plans covered 383 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $231,560. Insurance brokers and agents were paid $64,942 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.0% of premiums. That is $170 per covered person, below the median for employer plans that report broker pay. Broker pay rose 24% from $52,263 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$84K · 383 covered
STANDARD INSURANCE COMPANY · std$59K · 144 covered
STANDARD INSURANCE COMPANY · ltd$57K · 106 covered
STANDARD INSURANCE COMPANY · vision$33K · 272 covered
BLUECROSS BLUESHIELD OF TEXAS · dentalpremiums n/a · 575 covered
STANDARD INSURANCE COMPANYpremiums n/a · 114 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$52,631 · incl $2,393 fees
ALLIANT INSURANCE SERVICES, INC.$1,947 · incl $1,947 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 680495507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.