Plan Ledger DOL Form 5500 · updated monthly

Cmg Chelsea, LLC.benefits

Cmg Chelsea, LLC. Employee Benefits Plan · FANWOOD, NJ · plan year 2024

Broker compensation reported · 2024
$15,063

Cmg Chelsea, LLC.'s benefits plans covered 447 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $108,013. Insurance brokers and agents were paid $15,063 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.9% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 46% from $27,884 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF NEW JERSEY, INC · dental$108K · 288 covered
BERKLEY ACCIDENT & HEALTH · stop-losspremiums n/a · 175 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · lifepremiums n/a · 447 covered
EYEMED VISION CARE · visionpremiums n/a · 242 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · ltdpremiums n/a · 23 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONSpremiums n/a · 447 covered
Brokers & agents paid · 20244
BROWN & BROWN INSURANCE AGENCY OF V$2,072 · incl $2,072 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208816858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.