Plan Ledger DOL Form 5500 · updated monthly

Belmont Hill Schoolbenefits

Belmont Hill School Employee Benefit Plan · BELMONT, MA · plan year 2024

Broker compensation reported · 2024
$149,721

Belmont Hill School's benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $3,684,734. Insurance brokers and agents were paid $149,721 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $1,280 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $114,449 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health$3.5M · 292 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · dental$172K · 298 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · vision$14K · 205 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 117 covered
Brokers & agents paid · 20241
HILB GROUP OF NEW ENGLAND$149,721 · incl $6,615 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042103870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.