Plan Ledger DOL Form 5500 · updated monthly

All States Materials Group, Inc.benefits

Asmg Employee Benefit Plan · WEST SPRINGFIELD, MA · plan year 2024

Broker compensation reported · 2024
$124,135

All States Materials Group, Inc.'s benefits plans covered 404 active participants in 2024, providing health · life · dental · short-term disability · other · vision. Insurance premiums totaled $5,001,798. Insurance brokers and agents were paid $124,135 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $307 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $109,004 in 2023.

Insurance contracts · 20244
BCBSMA · health drug dental$5.0M · 354 covered
ANTHEM BLUE CROSS · dental visionpremiums n/a · 95 covered
NEW DIRECTIONS BEHAVIORAL HEALTHpremiums n/a · 404 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life stdpremiums n/a · 404 covered
Brokers & agents paid · 20243
SENTINEL INSURANCE AGENCY$120,065 · incl $30,853 fees
ROSE & KIERNAN INC$3,158
SENTINEL INSURANCE AGENCY, INC.$912
Also brokered by Sentinel Insurance Agency5
Boston Ballet MA$64,601

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 871118566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.