Plan Ledger DOL Form 5500 · updated monthly

Polaris Laboratories LLCbenefits

Polaris Laboratories, LLC Welfare Benefit Plan · INDIANAPOLIS, IN · plan year 2024

Broker compensation reported · 2024
$33,434

Polaris Laboratories LLC's benefits plans covered 178 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $78,210. Insurance brokers and agents were paid $33,434 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.7% of premiums. That is $188 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.4% from $31,435 in 2023.

Insurance contracts · 20242
DELTA DENTAL OF INDIANA · dental$78K · 205 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life std ltdpremiums n/a · 178 covered
Brokers & agents paid · 20244
MJ INSURANCE, INC.$18,943 · incl $3,405 fees
GCG FINANCIAL, LLC$7,518
JAMES R. NELLIGAN AND ASSOCIATES$6,144
ALERA GROUP, INC.$829 · incl $829 fees
Also brokered by Mj Insurance, Inc.5
Calumet Gp, LLC IN$506,222

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 352070136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.