Plan Ledger DOL Form 5500 · updated monthly

The Hales Groupbenefits

The Hales Group Health and Welfare Plan · CLAYTON, NC · plan year 2024

Broker compensation reported · 2024
$63,295

The Hales Group's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $63,295 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $452 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $52,524 in 2023.

Insurance contracts · 20243
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 141 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 89 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 111 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES INC$63,295 · incl $9,120 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 274401297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.