Plan Ledger DOL Form 5500 · updated monthly

International Bonded Couriers, Inc.benefits

The Ibc, Inc. Welfare Benefits Plan · JAMAICA, NY · plan year 2024

Broker compensation reported · 2024
$62,564

International Bonded Couriers, Inc.'s benefits plans covered 235 active participants in 2024, providing health · life · dental · short-term disability · death benefits. Insurance premiums totaled $50,793. Insurance brokers and agents were paid $62,564 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 123.2% of premiums. That is $266 per covered person, above the median for employer plans that report broker pay. Broker pay fell 13% from $71,772 in 2023.

Insurance contracts · 20243
STANDARD INSURANCE COMPANY · life std$51K · 217 covered
AETNA LIFE INSURANCE COMPANY · healthpremiums n/a · 165 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 115 covered
Brokers & agents paid · 20242
NFP CORPORATE SERVICES (NY) LLC$59,217 · incl $9,029 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 592166793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.