Plan Ledger DOL Form 5500 · updated monthly

Phalcon, LTDbenefits

Phalcon, LTD Welfare Benefits Plan · FARMINGTON, CT · plan year 2024

Broker compensation reported · 2024
$14,160

Phalcon, LTD's benefits plans covered 283 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $14,160 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 59% from $8,886 in 2023.

Insurance contracts · 20243
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 158 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 283 covered
Brokers & agents paid · 20243
ALLIANT INSURANCE SERVICES, INC.$8,662 · incl $1,102 fees
GIS BENEFITS INC$3,108 · incl $718 fees
BOON CHAPMAN BENEFIT ADMINISTRATORS$2,390 · incl $2,390 fees
Also brokered by Alliant5
Tyson Foods, Inc. AR$1,604,287
Stark Carpet Corp. NY$1,544,014

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208104883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.