Plan Ledger DOL Form 5500 · updated monthly

Luma Energy LLCbenefits

Luma Energy LLC LTD · SAN JUAN, PR · plan year 2023

Broker compensation reported · 2023
$531,561

Luma Energy LLC's benefits plans covered 3,988 active participants in 2023, providing long-term disability. Insurance premiums totaled $2,951,430. Insurance brokers and agents were paid $531,561 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.0% of premiums. That is $133 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20234
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · ltd$1.4M · 3,988 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · life$968K · 3,988 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · std$426K · 3,991 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS$169K · 3,988 covered
Brokers & agents paid · 20233
MARSH SALDANA INC$237,300
CENTRAL GROUP INSURANCE AGENCY, INC$61,839
CENTRAL GROUP INSURANCE AGENCY INC$232,422 · incl $170,909 fees
Also brokered by Marsh Saldana Inc5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 660940275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.