Plan Ledger DOL Form 5500 · updated monthly

Drummond Woodsum & Macmahon PAbenefits

Drummond Woodsum & Macmahon PA · PORTLAND, ME · plan year 2024

Broker compensation reported · 2024
$72,939

Drummond Woodsum & Macmahon PA's benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $72,939 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $424 per covered person, above the median for employer plans that report broker pay. Broker pay fell 11% from $81,734 in 2023.

Insurance contracts · 20245
HEALTH PLANS INC · dentalpremiums n/a · 153 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 96 covered
STARMOUNT LIFE INSURANCE COMPNAY · visionpremiums n/a · 174 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 172 covered
HARVARD PILGRIM HEALTH CARE · healthpremiums n/a · 357 covered
Brokers & agents paid · 20241
NEW ENGLAND MEDICAL INSURANCE$72,939 · incl $7,722 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010351512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.