Bello Machrebenefits
Bello Machre Employee Benefits Plan · GLEN BURNIE, MD · plan year 2024
Broker compensation reported · 2024
$149,903
Bello Machre's benefits plans covered 327 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $149,903 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $458 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 76% from $637,828 in 2023.
Insurance contracts · 20244
CAREFIRST OF MARYLAND, INC. · health drug dental vision hmopremiums n/a · 582 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 91 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 378 covered
HEALTH ADVOCATE SOLUTIONS, INCpremiums n/a · 140 covered
Brokers & agents paid · 20245
COMMERCIAL INSURANCE MANAGERS INC$81,401 · incl $77,005 fees
KELLY & ASSOCIATES INS GROUP INC$27,803 · incl $27,803 fees
KELLY & ASSOCIATES INSURANCE GROUP$9,713 · incl $9,713 fees
COMMERCIAL INSURANCE MANAGERS$16,024
KELLY & ASSOCIATES INSURANCE G$14,962 · incl $14,583 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520915574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.