Plan Ledger DOL Form 5500 · updated monthly

Columbia Ford Lincoln Mercurybenefits

Gates Automotive Health & Welfare Plan · COLUMBIA, CT · plan year 2024

Broker compensation reported · 2024
$129,915

Columbia Ford Lincoln Mercury's benefits plans covered 178 active participants in 2024, providing health · life · dental · short-term disability · other. Insurance brokers and agents were paid $129,915 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $730 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.3x the $39,920 reported for 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug hmo ppopremiums n/a · 91 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental lifepremiums n/a · 178 covered
UNITED OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 249 covered
Brokers & agents paid · 20243
SENTINEL INSURANCE AGENCY$96,260 · incl $1,814 fees
DONALD C SAVOY INC$26,443 · incl $26,443 fees
RISK PLACEMENT SERVICES, INC.$7,212 · incl $7,212 fees
Also brokered by Sentinel Insurance Agency5
Boston Ballet MA$64,601

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 061324745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.