Plan Ledger DOL Form 5500 · updated monthly

Memorial Health Systembenefits

Memorial Health System Consolidated Welfare Benefits Plan · SPRINGFIELD, IL · plan year 2024

Broker compensation reported · 2024
$905,159

Memorial Health System's benefits plans covered 7,054 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $905,159 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. Broker pay fell 1.3% from $917,274 in 2023.

Insurance contracts · 20244
EYEMED VISION CARE · visionpremiums n/a · 10,433 covered
HARTFORD LIFE AND ACCIDENT · stdpremiums n/a · 9,257 covered
EYEMED VISION CARE COBRA · visionpremiums n/a · 99 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 12,621 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES INC.$388,669 · incl $72,095 fees
BCINSOURCING LLC$286,147 · incl $93,942 fees
LOCKTON COMPANIES LLC$230,343 · incl $38,138 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371110690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.