Plan Ledger DOL Form 5500 · updated monthly

Leam Drilling Systems LLCbenefits

Leam Welfare Benefit Plan · NEW IBERIA, LA · plan year 2024

Broker compensation reported · 2024
$192,123

Leam Drilling Systems LLC's benefits plans covered 197 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,357,477. Insurance brokers and agents were paid $192,123 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $975 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 7.2% from $207,107 in 2023.

Insurance contracts · 20243
BLUE CROSS AND BLUE SHIELD OF LOUISIANA · health drug$2.4M · 369 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 451 covered
Brokers & agents paid · 20244
MCGRIFF INSURANCE SERVICES, INC.$146,388 · incl $58,774 fees
SOUTHERN NAT'L MARKETING CO.$1,439 · incl $1,439 fees
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 720893441 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.