Amspec, LLCbenefits
Amspec LLC Health and Welfare Plan · CRANBURY, NJ · plan year 2024
Broker compensation reported · 2024
$279,201
Amspec, LLC's benefits plans covered 1,526 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $279,201 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay rose 94% from $144,075 in 2023.
Insurance contracts · 20245
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 1,549 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY (EYEMED) · visionpremiums n/a · 2,924 covered
TRANSAMERICA LIFE INSURANCE COMPANY · health lifepremiums n/a · 1,526 covered
TRANSAMERICA LIFE INSURANCE COMPANY · stdpremiums n/a · 1,800 covered
TRANSAMERICA LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,220 covered
Brokers & agents paid · 20244
MARSH & MCLENNAN AGENCY LLC$155,047
DISABILITY RMS$58,934 · incl $58,934 fees
Also brokered by Marsh McLennan Agency5
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223522064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.