R&Q Solutionsbenefits
R&Q Solutions Health and Welfare Plan · PHILADELPHIA, PA · plan year 2024
Broker compensation reported · 2024
$64,602
R&Q Solutions's benefits plans covered 17 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $64,602 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3,800 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 47% from $121,747 in 2023.
Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 29 covered
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 78 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 36 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 129 covered
Brokers & agents paid · 20243
MERCER HUMAN RESOURCE CONSULTING$2,244 · incl $2,244 fees
MERCER HEALTH AND BENEFITS, LLC$59,511 · incl $46,739 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 133978252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.