Plan Ledger DOL Form 5500 · updated monthly

Anchor Insulation Companybenefits

Anchor Insulation Company Employee Benefit Plan · PAWTUCKET, RI · plan year 2024

Broker compensation reported · 2024
$46,796

Anchor Insulation Company's benefits plans covered 137 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $61,473. Insurance brokers and agents were paid $46,796 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.1% of premiums. That is $342 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.4% from $50,019 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF RHODE ISLAND · dental$61K · 190 covered
BLUE CROSS BLUE SHIELD OF RHODE ISLAND · health drugpremiums n/a · 188 covered
VISION SERVICE PLAN · visionpremiums n/a · 85 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 137 covered
Brokers & agents paid · 20246
THE HILB GROUP OF NE, LLC$17,773 · incl $14,511 fees
BROWN & BROWN INS. SVCS.. INC.$16,191 · incl $11,298 fees
THE HILB GROUP OF NEW ENGLAND LLC$10,852 · incl $4,563 fees
Also brokered by The Hilb Group of Ne, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 050390251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.