Plan Ledger DOL Form 5500 · updated monthly

Redhorse Corporationbenefits

Redhorse Corporation Health and Welfare Plan · ARLINGTON, VA · plan year 2024

Broker compensation reported · 2024
$265,844

Redhorse Corporation's benefits plans covered 374 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $265,844 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $711 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 66% from $159,894 in 2023.

Insurance contracts · 20244
CIGNApremiums n/a
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 374 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 365 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 374 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES$51,981 · incl $16,084 fees
USI INSURANCE SERVICES LLC$213,863 · incl $3,110 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261283951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.