Plan Ledger DOL Form 5500 · updated monthly

The Methodist Hospitals, Inc.benefits

The Methodist Hospitals, Inc. Group Health Plan · GARY, IN · plan year 2024

Broker compensation reported · 2024
$680,673

The Methodist Hospitals, Inc.'s benefits plans covered 1,989 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,131,507. Insurance brokers and agents were paid $680,673 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.2% of premiums. That is $342 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.0% from $687,816 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF INDIANA · dental$1.1M · 3,030 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 2,744 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 2,988 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 46 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 1,494 covered
PERSPECTIVES LTDpremiums n/a · 2,415 covered
Brokers & agents paid · 20244
LOCKTON COMPANIES LLC$340,887 · incl $116,191 fees
BCINSOURCING LLC HEALTH & BENEFIT$339,780 · incl $115,084 fees
WORKPLACE SOLUTIONS, INC.$5
PREMIER INSURANCE MGT SERVICES INC$1
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350868133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.