Plan Ledger DOL Form 5500 · updated monthly

Ls Power Development, LLCbenefits

Ls Power Development Welfare Benefit Plan · EAST BRUNSWICK, NJ · plan year 2024

Broker compensation reported · 2024
$729,046

Ls Power Development, LLC's benefits plans covered 444 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,075,105. Insurance brokers and agents were paid $729,046 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.1% of premiums. That is $1,642 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 36% from $536,037 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental vision$2.1M · 734 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life ltdpremiums n/a · 446 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 439 covered
Brokers & agents paid · 20243
NPPG EMPLOYEE BENEFITS, LLC$352,021 · incl $330,016 fees
DONALD C SAVOY INC.$309,499 · incl $216,230 fees
DAVID C SAVOY INC$67,526 · incl $67,526 fees
Also brokered by Nppg Employee Benefits, LLC2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223779323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.