Redoxbenefits
Redox Health and Welfare Plan · MADISON, WI · plan year 2024
Broker compensation reported · 2024
$28,963
Redox's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $28,963 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $207 per covered person, above the median for employer plans that report broker pay. Broker pay fell 12% from $32,754 in 2023.
Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 289 covered
Brokers & agents paid · 20243
BENNIE INSURANCE, LLC$27,156 · incl $1,477 fees
JAMES R. NELLIGAN AND ASSOCIATES$1,166 · incl $1,166 fees
HUB INTERNATIONAL LIMITED$641 · incl $641 fees
Also brokered by Bennie Insurance, LLC5
Abnormal Security NV$406,360
Byheart NY$306,078
Drata Inc. CA$295,615
Kentik Technologies, Inc. CA$272,066
Iex Group, Inc. NY$251,428
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 471185085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.