Oconnell Electric Co.benefits
O'Connell Electric Co. Life Benefit Plan · VICTOR, NY · plan year 2023
Broker compensation reported · 2023
$102,950
Oconnell Electric Co.'s benefits plans covered 169 active participants in 2023, providing life · death benefits. Insurance premiums totaled $1,637,156. Insurance brokers and agents were paid $102,950 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.3% of premiums. That is $609 per covered person, in the top quarter of employer plans that report broker pay.
Insurance contracts · 202313
EXCELLUS BLUE CROSS BLUE SHIELD · health drug$1.6M · 108 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · dentalpremiums n/a · 109 covered
VISION SERVICE PLAN · visionpremiums n/a · 97 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · ltdpremiums n/a · 191 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · ltdpremiums n/a · 169 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · ltdpremiums n/a · 142 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · ltdpremiums n/a · 140 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · ltdpremiums n/a · 128 covered
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK · lifepremiums n/a · 191 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · lifepremiums n/a · 169 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · lifepremiums n/a · 142 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · lifepremiums n/a · 141 covered
CIGNA LIFE INSURANCE CO. OF NEW YORK · lifepremiums n/a · 129 covered
Brokers & agents paid · 20234
BROWN & BROWN OF NEW YORK INC$10,127 · incl $2,834 fees
BROWN & BROWN OF NEW YORK$34,872 · incl $5,118 fees
Also brokered by Brown & Brown5
Brown & Brown, Inc. FL$7,563,926
Senator International Inc. OH$5,216,438
Beth Israel Lahey Health, Inc. MA$3,517,308
Dana-Farber Cancer Institute, Inc. MA$1,254,291
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 160950645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.