The Shaw Group, LLCbenefits
The Shaw Group, LLC Welfare Plan · HOUSTON, TX · plan year 2024
Broker compensation reported · 2024
$446,900
The Shaw Group, LLC's benefits plans covered 512 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $2,976,578. Insurance brokers and agents were paid $446,900 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.0% of premiums. That is $873 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 124% from $199,623 in 2023.
Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$3.0M · 512 covered
TRANSAMERICA LIFE INSURANCE COMPANY · lifepremiums n/a · 248 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental visionpremiums n/a · 334 covered
SYMETRA LIFE INSURANCE COMPANY · stdpremiums n/a · 1,108 covered
PRE-PAID LEGAL SERVICES INC DBA LEGALSHIELDpremiums n/a · 46 covered
Brokers & agents paid · 20241
MCGRIFF INSURANCE SERVICES$446,900 · incl $202,963 fees
Also brokered by McGriff5
Truist Financial Corporation NC$3,131,925
Valero Energy Corporation TX$1,969,297
Old Dominion Freight Line, Inc. NC$1,796,474
Pratt Industries, Inc. GA$1,720,663
El Camino Hospital CA$1,115,318
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850914759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.