Plan Ledger DOL Form 5500 · updated monthly

The Connell Companybenefits

Connell Rice Welfare Plan · BERKELEY HEIGHTS, NJ · plan year 2024

Broker compensation reported · 2024
$636

The Connell Company's benefits plans covered 124 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $189,911. Insurance brokers and agents were paid $636 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.3% of premiums. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 76% from $2,646 in 2023.

Insurance contracts · 20242
DELTA DENTAL OF NEW JERSEY, INC. · dental$190K · 286 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 124 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$636 · incl $636 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221629235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.