Plan Ledger DOL Form 5500 · updated monthly

Amica Mutual Insurance Companybenefits

Amica Severance Plan · PROVIDENCE, RI · plan year 2024

Broker compensation reported · 2024
$28,569

Amica Mutual Insurance Company's benefits plans covered 3,559 active participants in 2024. Insurance premiums totaled $5,395,342. Insurance brokers and agents were paid $28,569 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $8 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 7.8% from $30,978 in 2023.

Insurance contracts · 20249
AMICA LIFE INSURANCE COMPANY · life$3.1M · 1,896 covered
AMICA LIFE INSURANCE COMPANY · life$2.3M · 3,513 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 3,513 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · ltdpremiums n/a · 3,454 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 10 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 4,800 covered
ARAG INSURANCE COMPANYpremiums n/a · 2,436 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,186 covered
AETNA LIFE INSURANCE CO. · health ppopremiums n/a · 723 covered
Brokers & agents paid · 20242
AON CONSULTING, INC.$28,253 · incl $7,540 fees
THE HILB GROUP OF NEW ENGLAND LLC$316
Also brokered by Aon5
Walgreen Co. IL$25,664,274
Macy's, Inc. OH$5,287,224
Trinet HR III, Inc. CA$4,596,776

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 050348344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.