Plan Ledger DOL Form 5500 · updated monthly

American Financial Resources, Inc.benefits

American Financial Resources, Inc. Welfare Benefit Plan · PARSIPPANY, NJ · plan year 2024

Broker compensation reported · 2024
$71,954

American Financial Resources, Inc.'s benefits plans covered 184 active participants in 2024, providing dental · vision. Insurance brokers and agents were paid $71,954 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $391 per covered person, above the median for employer plans that report broker pay. Broker pay fell 24% from $95,128 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental visionpremiums n/a · 132 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 152 covered
AETNA LIFE INSURANCE COMPANY · dental visionpremiums n/a · 323 covered
Brokers & agents paid · 20242
PROFESSIONAL GROUP PLANS, INC.$70,639 · incl $59,106 fees
STEPHEN M LOURO$1,315
Also brokered by Professional Group Plans, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223554558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.