Plan Ledger DOL Form 5500 · updated monthly

Boston Mutual Life Insurance Companybenefits

Group Life Ad&D for Weekly and Salaried Employees · CANTON, MA · plan year 2024

Broker compensation reported · 2024
$8,989

Boston Mutual Life Insurance Company's benefits plans covered 349 active participants in 2024, providing life. Insurance premiums totaled $6,348,945. Insurance brokers and agents were paid $8,989 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.1% of premiums. That is $26 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 13% from $10,374 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health$6.0M · 650 covered
DELTA DENTAL OF MASSACHUSETTS INC. · dental$334K · 669 covered
BOSTON MUTUAL LIFE INSURANCE COMPANY · lifepremiums n/a · 433 covered
BOSTON MUTUAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 349 covered
Brokers & agents paid · 20241
THE HILB GROUP OF NEW ENGLAND LLC$8,989
Also brokered by The Hilb Group of New England LLC5
Carroll School MA$109,530

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041106240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.