Plan Ledger DOL Form 5500 · updated monthly

Shearwater Healthbenefits

Shearwater Health & Welfare Benefits Plan · NASHVILLE, TN · plan year 2025

Broker compensation reported · 2025
$311,014

Shearwater Health's benefits plans covered 538 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $311,014 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $578 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.8% from $344,982 in 2024.

Insurance contracts · 20253
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drugpremiums n/a · 466 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 538 covered
BANKERS FIDELITY LIFE INSURANCE COMPANY · lifepremiums n/a · 117 covered
Brokers & agents paid · 20252
GALLAGHER BENEFIT SERVICES, INC.$278,099 · incl $207,575 fees
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 461581578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.