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
EYEMED VISION CARE ON BEHALF OF THE FIDELITY SECURITY LIFE INS. CO. · visionpremiums n/a · 169 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
Wellpath Holdings, Inc. TN$528,822
Sofidel America Corp. FL$235,232
Weston Solutions, Inc. PA$194,029
Wellpath Management, Inc. TN$147,933
Carrington Holding Company, LLC & Affiliates CA$115,666
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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.