Plan Ledger DOL Form 5500 · updated monthly

Lb&B Associates Inc.benefits

Lb&B Associates Inc. Health and Welfare Benefits Plan · COLUMBIA, MD · plan year 2024

Broker compensation reported · 2024
$10,562

Lb&B Associates Inc.'s benefits plans covered 623 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $10,562 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $17 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 81% from $54,799 in 2023.

Insurance contracts · 20245
AETNA LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 4 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 598 covered
AETNA LIFE INSURANCE COMPANY · stop-losspremiums n/a · 249 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 801 covered
AETNA LIFE INSURANCE COMPANY · visionpremiums n/a · 818 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$10,562 · incl $7,443 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 561768228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.