Plan Ledger DOL Form 5500 · updated monthly

Asahi America, Inc.benefits

Asahi America, Inc. Employee Benefit Plan · LAWRENCE, MA · plan year 2024

Broker compensation reported · 2024
$95,069

Asahi America, Inc.'s benefits plans covered 194 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $2,757,986. Insurance brokers and agents were paid $95,069 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $490 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 81% from $491,750 in 2023.

Insurance contracts · 20247
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health$2.4M · 304 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dental$123K · 303 covered
STANDARD INSURANCE COMPANY · life$122K · 194 covered
STANDARD INSURANCE COMPANY · ltd$103K · 194 covered
STANDARD INSURANCE COMPANY · std$50K · 191 covered
STANDARD INSURANCE COMPANYpremiums n/a · 19 covered
Brokers & agents paid · 20242
HILB GROUP OF NEW ENGLAND$92,870 · incl $8,910 fees
ELIOT LAPPEN INS ANGENCY INC$2,199 · incl $1,756 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042621836 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.