Pharmaceutical Specialties, Inc.benefits
Pharmaceutical Specialties Inc · ROCHESTER, MN · plan year 2024
Broker compensation reported · 2024
$73,085
Pharmaceutical Specialties, Inc.'s benefits plans covered 132 active participants in 2024, providing life · dental · short-term disability · long-term disability. Insurance premiums totaled $1,718,557. Insurance brokers and agents were paid $73,085 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $554 per covered person, in the top quarter of employer plans that report broker pay.
Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · health$1.5M · 106 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental life std ltd ppo$235K · 288 covered
Brokers & agents paid · 20243
ELLINGSON INSURANCE GROUP LLC$62,263
ROGERS BENEFIT GROUP INC$9,884 · incl $9,884 fees
EMERSON ROGERS LLC$938 · incl $938 fees
Also brokered by Ellingson Insurance Group LLC2
Rochester Motor Company MN$87,993
Superior Companies of Minnesota, Inc. MN$10,759
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411242193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.