Plan Ledger DOL Form 5500 · updated monthly

The Jackson Laboratorybenefits

The Jackson Laboratory Welfare Benefits · BAR HARBOR, ME · plan year 2024

Broker compensation reported · 2024
$17,850

The Jackson Laboratory's benefits plans covered 2,678 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $17,850 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $7 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.2x the $5,498 reported for 2023.

Insurance contracts · 20242
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 2,678 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,678 covered
Brokers & agents paid · 20241
HAYS COMPANIES$17,850 · incl $17,850 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010211513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.