The Galman Groupbenefits
The Galman Group Welfare Benefits Plan · JENKINTOWN, PA · plan year 2024
Broker compensation reported · 2024
$30,480
The Galman Group's benefits plans covered 206 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $30,480 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $148 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.8% from $29,664 in 2023.
Insurance contracts · 20244
AETNA LIFE INSURANCE COMPANY · dental visionpremiums n/a · 178 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 206 covered
AFLACpremiums n/a · 97 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 206 covered
Brokers & agents paid · 20243
VARIOUS AGENTS- SEE ATTACHED LIST$22,223 · incl $952 fees
KISTLER TIFFANY BENEFITS$8,107 · incl $153 fees
DIGITAL INSURANCE INC$150 · incl $150 fees
Also brokered by Various Agents- See Attached List1
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232341130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.