Plan Ledger DOL Form 5500 · updated monthly

Mikel Undersea Warfare Systemsbenefits

Mikel Undersea Warfare Systems Health & Welfare Plan · MIDDLETOWN, RI · plan year 2024

Broker compensation reported · 2024
$63,055

Mikel Undersea Warfare Systems's benefits plans covered 189 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,707,955. Insurance brokers and agents were paid $63,055 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $334 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.8% from $62,566 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health dental$1.7M · 307 covered
VISION SERVICE PLAN · visionpremiums n/a · 116 covered
Brokers & agents paid · 20242
HP PLANNING, LLC$61,850 · incl $123 fees
COMPREHENSIVE BENEFIT ADMINISTRATOR$1,205
Also brokered by Hp Planning, LLC5
Sectra, Inc. CT$140,125

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 880445640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.