Lbm Advantage, Inc.benefits
Lbm Advantage, Inc. Welfare Benefit Plan · NEW WINDSOR, NY · plan year 2024
Broker compensation reported · 2024
$131,850
Lbm Advantage, Inc.'s benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $131,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,046 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 24% from $106,590 in 2023.
Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 86 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 107 covered
ANTHEM LIFE AND DISABILITY INS CO · lifepremiums n/a · 126 covered
HARTFORD LIFE AND ACCIDENT · std ltdpremiums n/a · 122 covered
Brokers & agents paid · 20243
MARSHALL & STERLING INC$60,302 · incl $50,240 fees
FNA INSURANCE SERVICES INC$65,086 · incl $58,729 fees
MARSHALL&STERLING EMPLOYEE BENEFITS$6,462
Also brokered by Marshall & Sterling Inc5
Beekman 1802 NY$48,074
The Brauer Group II Flex Benefit Plan NJ$24,442
Cha Consulting, Inc. NY$10,967
F.W. of Saratoga, Inc. NY$5,569
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 141498340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.