Red Coats, Inc.benefits
Red Coats, Inc. Pooled Welfare Benefit Plan · BETHESDA, MD · plan year 2024
Broker compensation reported · 2024
$216,972
Red Coats, Inc.'s benefits plans covered 2,440 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $216,972 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.5% from $234,470 in 2023.
Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug dentalpremiums n/a · 507 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY LIFE INSURANCE CO. · visionpremiums n/a · 443 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 507 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 2,440 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES LLC$150,183 · incl $118,807 fees
WINSTON FINANCIAL SERVICES INC$27,815
WINSTON FINANCIAL SERVICES$38,974 · incl $9,812 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 530257871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.