Plan Ledger DOL Form 5500 · updated monthly

Osterman & Company, Inc.benefits

Osterman & Company, Inc. Health and Welfare Benefits Plan · CHESHIRE, CT · plan year 2024

Broker compensation reported · 2024
$73,825

Osterman & Company, Inc.'s benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $67,095. Insurance brokers and agents were paid $73,825 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 110.0% of premiums. That is $631 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 46% from $50,509 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · ltd$31K · 38 covered
STANDARD INSURANCE COMPANY · life$23K · 117 covered
STANDARD LIFE INSURANCE COMPANY · std$13K · 117 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 191 covered
UNITEDHEALTHCARE INSURANCE COMPANY · dentalpremiums n/a · 191 covered
EYEMED VISION CARE · visionpremiums n/a · 83 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE, LLC$64,387 · incl $2,307 fees
Also brokered by Digital Insurance, LLC5
Mayer Brown LLP IL$566,692

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363048260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.