Plan Ledger DOL Form 5500 · updated monthly

Wang Globalnetbenefits

Wang Globalnet Welfare Benefit Plan · CERRITOS, CA · plan year 2024

Broker compensation reported · 2024
$122,057

Wang Globalnet's benefits plans covered 185 active participants in 2024, providing health · life. Insurance brokers and agents were paid $122,057 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $660 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 60% from $76,225 in 2023.

Insurance contracts · 20243
UNITED HEALTHCARE INSURANCE COMPANY · health ppopremiums n/a · 119 covered
UNITED HEALTHCARE INSURANCE COMPANY · health ppopremiums n/a · 150 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 190 covered
Brokers & agents paid · 20242
CHUN-HA INSURANCE SERVICES, INC.$118,857
HUB INTERNATIONAL INS SVCS INC$3,200 · incl $1,221 fees
Also brokered by Chun-Ha Insurance Services, Inc.1
Asiana Airlines CA$65,080

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 954191539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.