Tungsten Automationbenefits
Tungsten Automation Flexible Benefits Plan · IRVINE, CA · plan year 2023
Broker compensation reported · 2023
$376,213
Tungsten Automation's benefits plan covered 541 active participants in 2023, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $104,938. Insurance brokers and agents were paid $376,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 358.5% of premiums. That is $695 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 202310
VISION SERVICE PLAN · vision$105K · 461 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 257 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 3 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 484 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 543 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 543 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 543 covered
CALIFORNIA PHYSICIANS' SERVICE · health drug hmopremiums n/a · 1,026 covered
HAWAII MEDICAL SERVICE ASSOCIATION · health drugpremiums n/a · 2 covered
UNUM INSURANCE COMPANYpremiums n/a · 74 covered
Brokers & agents paid · 20239
MERCER HUMAN RESOURCE CONSULTING IN$176,914 · incl $176,914 fees
DIGITAL INSURANCE LLC$85,881 · incl $85,881 fees
MERCER HEALTH & BENEFITS LLC - OC$40,428 · incl $4,601 fees
MERCER HEALTH & BENEFITS LLC$20,373
MERCER HEALTH & BENEFITS - IRVINE$15,695 · incl $1,559 fees
DIGITAL INSURANCE INC.$29,796 · incl $96 fees
CUSTOM BENEFIT PROGRAMS$5
Also brokered by Mercer5
United Airlines, Inc. IL$5,335,637
7-ELEVEN, Inc TX$4,238,609
Insperity Holdings, Inc. TX$3,577,584
Northrop Grumman Corporation VA$3,501,178
Compass Group USA, Inc. NC$3,385,668
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 330114967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.