Benchmark Management Corporationbenefits
Benchmark Group Benefits Plan · AMHERST, NY · plan year 2024
Broker compensation reported · 2024
$52,171
Benchmark Management Corporation's benefits plans covered 284 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $388,301. Insurance brokers and agents were paid $52,171 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.4% of premiums. That is $184 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.2% from $56,245 in 2023.
Insurance contracts · 20245
HIGHMARK WESTERN NEW YORK · drug ppo$388K · 218 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life ltdpremiums n/a · 202 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 52 covered
HIGHMARK WESTERN NEW YORK · drug hmopremiums n/a · 1 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 68 covered
Brokers & agents paid · 20243
LAWLEY BENFITS GROUP LLC$8,793 · incl $544 fees
LAWLEY BENEFITS GROUP LLC$7,425 · incl $133 fees
LAWLEY LLC$35,953 · incl $15 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161232177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.