A.M. Best Company, Inc.benefits
Group Long Term Disability · OLDWICK, NJ · plan year 2024
Broker compensation reported · 2024
$65,828
A.M. Best Company, Inc.'s benefits plans covered 541 active participants in 2024, providing long-term disability. Insurance premiums totaled $458,362. Insurance brokers and agents were paid $65,828 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.4% of premiums. That is $122 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.6% from $66,904 in 2023.
Insurance contracts · 20247
DELTA DENTAL OF NEW JERSEY, INC. · dental$458K · 966 covered
ARAG INSURANCE COMPANYpremiums n/a · 254 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICApremiums n/a · 25 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 686 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 536 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 550 covered
VISION SERVICE PLAN · visionpremiums n/a · 387 covered
Brokers & agents paid · 20243
MERCER HUMAN RESOURCE CONSULTING$7,496 · incl $7,496 fees
MERCER HEALTH AND BENEFITS, LLC$57,286 · incl $132 fees
LTCI PARTNERS$1,046
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 134955140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.