Plan Ledger DOL Form 5500 · updated monthly

Mode Transportation, LLCbenefits

Mode Transportation LLC Welfare Benefit Plan · DALLAS, TX · plan year 2024

Broker compensation reported · 2024
$220,995

Mode Transportation, LLC's benefits plans covered 626 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $220,995 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $353 per covered person, above the median for employer plans that report broker pay. Broker pay fell 17% from $266,990 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 680 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 626 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$220,995 · incl $124,263 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351712356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.