Plan Ledger DOL Form 5500 · updated monthly

Rangam Consultants, Inc.benefits

Rangam Life Insurance Plan · SOMERSET, NJ · plan year 2024

Broker compensation reported · 2024
$7,808

Rangam Consultants, Inc.'s benefits plans covered 318 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $7,808 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $25 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.3x the $1,820 reported for 2023.

Insurance contracts · 20242
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 318 covered
THE HARTFORD INSURANCE GROUP, INC.premiums n/a · 318 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$7,808 · incl $2,759 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223406521 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.