The Berkley Group, Inc.benefits
The Berkley Group, Inc. Health and Welfare Plan · FORT LAUDERDALE, FL · plan year 2024
Broker compensation reported · 2024
$159,696
The Berkley Group, Inc.'s benefits plans covered 359 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $2,203,769. Insurance brokers and agents were paid $159,696 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $445 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 13% from $183,405 in 2023.
Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug dental vision$2.2M · 613 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life$21K · 690 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA$2K · 690 covered
HEALTH PLAN OF NEVADA · health drugpremiums n/a · 162 covered
Brokers & agents paid · 20242
GROUP BENEFITS CONSULTANTS$122,932
ASSURANCE LTD$36,764
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 592170299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.