Plan Ledger DOL Form 5500 · updated monthly

The Barnes Foundationbenefits

The Barnes Foundation Health and Welfare Plan · PHILADELPHIA, PA · plan year 2024

Broker compensation reported · 2024
$96,003

The Barnes Foundation's benefits plans covered 130 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $96,003 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $738 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 4.5% from $100,518 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 121 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 134 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 130 covered
Brokers & agents paid · 20244
CORPORATE SYNERGIES$9,153
CORPORATE SYNERGIES GROUP LLC$84,705 · incl $78,959 fees
GALLAGHER BENEFIT SERVICES, INC.$1,079 · incl $1,079 fees
CORPORATE SYNERGIES - MT. LAUREL,$1,066
Also brokered by Corporate Synergies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 236000149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.