Plan Ledger DOL Form 5500 · updated monthly

Lonza USA Inc.benefits

Lonza U.S. Welfare Benefits Plan · MORRISTOWN, NJ · plan year 2024

Broker compensation reported · 2024
$597,923

Lonza USA Inc.'s benefits plans covered 4,671 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $597,923 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $128 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.9x the $152,702 reported for 2023.

Insurance contracts · 20247
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 4,734 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 10,023 covered
METROPOLITAN LIFE INSURANCE COMPANY · std ltdpremiums n/a · 5,426 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 1,663 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 3,470 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 1,531 covered
SECURIAN LIFE INSURANCE COMPANYpremiums n/a · 1,479 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC.$546,513 · incl $76,000 fees
BSC AGENCY, LLC.$51,410 · incl $51,410 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222188958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.