Project 1972 Inc.benefits
Chief Health and Welfare Plan · NEW YORK, NY · plan year 2024
Broker compensation reported · 2024
$139,189
Project 1972 Inc.'s benefits plans covered 132 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $139,189 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,054 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 21% from $177,199 in 2023.
Insurance contracts · 20246
ANTHEM BLUE CROSS · health drug dental vision ppopremiums n/a · 229 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 150 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 7 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 9 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 26 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 10 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$127,175 · incl $3,117 fees
GIS BENEFITS, INC.$12,014 · incl $3,260 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 821342082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.