Nostrum Laboratories, Inc.benefits
Nostrum Laboratories, Inc. Welfare Plan · KANSAS CITY, MO · plan year 2023
Broker compensation reported · 2023
$109,725
Nostrum Laboratories, Inc.'s benefits plan covered 118 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,454,427. Insurance brokers and agents were paid $109,725 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $930 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20234
BLUE CROSS AND BLUE SHIELD OF KANSAS CITY · health$1.4M · 188 covered
STANDARD INSURANCE COMPANY · vision$14K · 124 covered
DELTA DENTAL OF MISSOURI · dentalpremiums n/a · 199 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 147 covered
Brokers & agents paid · 20233
MARSH MCLENNAN AGENCY LLC$83,122 · incl $11,170 fees
MARSH & MCLENNAN AGENCY LLC$25,077 · incl $3,041 fees
HAAKE INS AGENCY$1,526 · incl $196 fees
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$16,017,481
Verizon Communications Inc. NJ$2,689,192
Sanford ND$2,648,319
Select Medical Corporation PA$2,216,215
Quanta Services Management Partnership, L.P. TX$2,140,228
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 205877688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.