Plan Ledger DOL Form 5500 · updated monthly

Aspire Development Servicesbenefits

Aspire Development Services Health and Welfare Plan · LYNN, MA · plan year 2024

Broker compensation reported · 2024
$44,775

Aspire Development Services's benefits plan covered 100 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $949,900. Insurance brokers and agents were paid $44,775 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $448 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health dental vision$950K · 61 covered
USABLE LIFE · life ltdpremiums n/a · 100 covered
Brokers & agents paid · 20242
SENTINEL INSURANCE AGENCY, INC.$33,520 · incl $6,202 fees
Also brokered by Sentinel Insurance Agency, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042204289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.