Plan Ledger DOL Form 5500 · updated monthly

Bennett Groupbenefits

Bennett Group Health and Welfare Plan · ALLENTOWN, PA · plan year 2024

Broker compensation reported · 2024
$55,359

Bennett Group's benefits plans covered 139 active participants in 2024, providing health. Insurance premiums totaled $1,845,310. Insurance brokers and agents were paid $55,359 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $398 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.2% from $58,417 in 2023.

Insurance contracts · 20241
CAPITAL ADVANTAGE ASSURANCE COMPANY · health drug ppo$1.8M · 166 covered
Brokers & agents paid · 20241
PENNA AUTO ASSOC. INSURANCE AGCY$55,359

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 450581443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.