Plan Ledger DOL Form 5500 · updated monthly

Mahindra USA, Inc.benefits

Mahindra USA Inc Health and Welfare Plan · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$157,899

Mahindra USA, Inc.'s benefits plans covered 228 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $157,899 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $693 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 40% from $113,156 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 257 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 230 covered
Brokers & agents paid · 20244
BROWN AND NOYES, LLC$110,126 · incl $83,590 fees
ALERA GROUP, INC.$11,466 · incl $11,466 fees
CARLISLE-LYNCH, LLC$3,151
Also brokered by Brown and Noyes, LLC5
Atec, Inc. TX$131,903

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760438770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.