Plan Ledger DOL Form 5500 · updated monthly

Dennis Beverage Companybenefits

Dennis Beverage Company Welfare Benefit Plan · HAMPDEN, ME · plan year 2024

Broker compensation reported · 2024
$46,656

Dennis Beverage Company's benefits plans covered 168 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $160,734. Insurance brokers and agents were paid $46,656 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 29.0% of premiums. That is $278 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.8% from $48,521 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · dental$54K · 125 covered
STANDARD INSURANCE COMPANY · std$39K · 219 covered
STANDARD INSURANCE COMPANY · life$36K · 166 covered
STANDARD INSURANCE COMPANY · ltd$22K · 51 covered
STANDARD INSURANCE COMPANY · vision$10K · 111 covered
AETNA HEALTH, INC. · hmopremiums n/a · 109 covered
AETNA LIFE INSURANCE CO · healthpremiums n/a · 59 covered
Brokers & agents paid · 20243
CROSS INSURANCE AGENCY$37,653 · incl $5,000 fees
CROSS INSURANCE, INC - MAINE$7,109
Also brokered by Cross Insurance Agency2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010206333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.