Plan Ledger DOL Form 5500 · updated monthly

Oceans Acquisition Inc.benefits

Oceans Acquisition Inc. Health and Welfare Benefit Plan · PLANO, TX · plan year 2024

Broker compensation reported · 2024
$224,201

Oceans Acquisition Inc.'s benefits plans covered 1,536 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $224,201 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $146 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.0% from $205,600 in 2023.

Insurance contracts · 20242
METROPOLITAN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 2,331 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 1,208 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$224,201 · incl $9,200 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 461595657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.