Plan Ledger DOL Form 5500 · updated monthly

Occidental Chemical Corporationbenefits

Severance Pay Plan for Hourly Employees of Occidental Chemical Corporation · HOUSTON, TX · plan year 2024

Broker compensation reported · 2024
$90,267

Occidental Chemical Corporation's benefits plans covered 351 active participants in 2024. Insurance premiums totaled $634,786. Insurance brokers and agents were paid $90,267 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.2% of premiums. That is $257 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.9% from $89,426 in 2023.

Insurance contracts · 20246
INDEPENDENCE BLUE CROSS · health$635K · 91 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health ppo$60 · 2 covered
PRINCIPAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 115 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 169 covered
AETNA HEALTH, INC. · hmopremiums n/a · 65 covered
AETNA HEALTH, INC. · hmopremiums n/a · 397 covered
Brokers & agents paid · 20242
MARSH USA LLC$1,682 · incl $1,682 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 160484732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.