Plan Ledger DOL Form 5500 · updated monthly

Industrial Bank of Koreabenefits

Industrial Bank of Korea Health & Welfare Plan · NEW YORK, NY · plan year 2024

Broker compensation reported · 2024
$581,621

Industrial Bank of Korea's benefits plans covered 483 active participants in 2024, providing health · life · dental · other. Insurance brokers and agents were paid $581,621 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,204 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.5% from $540,962 in 2023.

Insurance contracts · 20244
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental lifepremiums n/a · 306 covered
AETNA LIFE INSURANCE COMPANY · healthpremiums n/a · 426 covered
AETNA LIFE INSURANCE COMPANY · healthpremiums n/a · 726 covered
AETNA LIFE INSURANCE COMPANY · healthpremiums n/a · 4 covered
Brokers & agents paid · 20246
ECONOWORLD AGENCY, INC.$347,998
PROFESSIONAL GROUP PLANS INC.$59,203 · incl $8,947 fees
ECONOWORLD AGENCY INC$455

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 133090485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.