Manuel Luis Construction Company Inc.benefits
M. Luis Construction Company, Inc. Health & Welfare Plan · SILVER SPRING, MD · plan year 2024
Broker compensation reported · 2024
$68,168
Manuel Luis Construction Company Inc.'s benefits plans covered 171 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $68,168 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $399 per covered person, above the median for employer plans that report broker pay. Broker pay fell 35% from $104,659 in 2023.
Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 127 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 171 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES, LLC$31,208 · incl $19,534 fees
GALLAGHER BENEFIT SERVICES, INC.$33,616 · incl $22,164 fees
CENTERSTONE INS. & FIN SRVS$3,344 · incl $3,344 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521418763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.