Plan Ledger DOL Form 5500 · updated monthly

Calverthealth Medical Centerbenefits

Calverthealth Welfare Benefit Plan · PRINCE FREDERICK, MD · plan year 2024

Broker compensation reported · 2024
$188,368

Calverthealth Medical Center's benefits plans covered 942 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $618,653. Insurance brokers and agents were paid $188,368 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.4% of premiums. That is $200 per covered person, above the median for employer plans that report broker pay. Broker pay rose 142% from $77,680 in 2023.

Insurance contracts · 20245
STANDARD INSURANCE COMPANY · std$249K · 772 covered
STANDARD INSURANCE COMPANY · life$185K · 942 covered
STANDARD INSURANCE COMPANY · ltd$184K · 942 covered
STANDARD INSURANCE COMPANYpremiums n/a · 450 covered
EYEMED · visionpremiums n/a · 927 covered
Brokers & agents paid · 20242
M W E SOLUTIONS$42,499
CBIZ BENEFITS & INSURANCE SERVICES$145,869 · incl $31,244 fees
Also brokered by M W E Solutions2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520619000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.