Plan Ledger DOL Form 5500 · updated monthly

Railex LLCbenefits

Railex LLC Welfare Benefit Plan · WESTHAMPTON BEACH, NY · plan year 2024

Broker compensation reported · 2024
$66,272

Railex LLC's benefits plans covered 61 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $66,272 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,086 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 25% from $53,019 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 189 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 61 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental visionpremiums n/a · 159 covered
Brokers & agents paid · 20241
MARSH AND MCLENNAN AGENCY$66,272 · incl $7,015 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202313351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.