Plan Ledger DOL Form 5500 · updated monthly

Penn Terminals, LLC.benefits

Penn Terminals, LLC. Employee Benefit Plan · EDDYSTONE, PA · plan year 2024

Broker compensation reported · 2024
$29,116

Penn Terminals, LLC.'s benefits plans covered 186 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $230,264. Insurance brokers and agents were paid $29,116 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.6% of premiums. That is $157 per covered person, below the median for employer plans that report broker pay. Broker pay rose 22% from $23,897 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · std$130K · 234 covered
STANDARD INSURANCE COMPANY · life$62K · 202 covered
STANDARD INSURANCE COMPANY · ltd$21K · 37 covered
VISION BENEFITS OF AMERICA · vision$17K · 175 covered
AETNA LIFE INSURANCE CO. · dentalpremiums n/a · 362 covered
OPTUM HEALTH UNIMERICA INSURANCE COMPANY · stop-losspremiums n/a · 186 covered
Brokers & agents paid · 20242
Also brokered by Corporate Synergies Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232420637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.