Central Ma Collaborativebenefits
Central Ma Collaborative Welfare Plan · WORCESTER, MA · plan year 2024
Broker compensation reported · 2024
$75,668
Central Ma Collaborative's benefits plans covered 147 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $75,668 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $515 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.5% from $74,582 in 2023.
Insurance contracts · 20243
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 55 covered
UNITED HEALTHCARE INSURANCE COMPANY · health dentalpremiums n/a · 248 covered
USABLE LIFE · lifepremiums n/a · 147 covered
Brokers & agents paid · 20243
BAYSTATE BENEFIT SERVICES INC$73,404 · incl $12,075 fees
BAYSTATE BENEFIT SERVICES$794
Also brokered by Baystate Benefit Services Inc2
Central Boston Elder Services MA$3,198
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042610044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.