The Bowers Group, Inc.benefits
The Bowers Group, Inc. Health & Welfare Plan · BELTSVILLE, MD · plan year 2024
Broker compensation reported · 2024
$44,116
The Bowers Group, Inc.'s benefits plans covered 164 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $44,116 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $269 per covered person, above the median for employer plans that report broker pay. Broker pay rose 28% from $34,581 in 2023.
Insurance contracts · 20241
GUARDIAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 163 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$44,116 · incl $8,500 fees
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201564508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.