Plan Ledger DOL Form 5500 · updated monthly

Devaney Energy, Inc.benefits

Devaney Energy, Inc. Employee Benefit Plan · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$22,107

Devaney Energy, Inc.'s benefits plans covered 162 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $6,240. Insurance brokers and agents were paid $22,107 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 354.3% of premiums. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay fell 30% from $31,491 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY · ltd$5K · 97 covered
STANDARD INSURANCE COMPANY · life$1K · 154 covered
ALTUS DENTAL INSURANCE COMPANY, INC. · dentalpremiums n/a · 240 covered
EYEMED VISION CARE · visionpremiums n/a · 217 covered
STANDARD INSURANCE COMPANYpremiums n/a · 76 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 118 covered
METLIFE · life ltdpremiums n/a · 162 covered
Brokers & agents paid · 20242
HILB GROUP OF NEW ENGLAND$21,794 · incl $3,699 fees
PAYCOR INC.$313 · incl $313 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042298448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.