Plan Ledger DOL Form 5500 · updated monthly

Dynamic Engineering Consultants, PCbenefits

Dynamic Engineering Consultants, PC Welfare Plan · LAKE COMO, NJ · plan year 2024

Broker compensation reported · 2024
$113,344

Dynamic Engineering Consultants, PC's benefits plans covered 330 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability · life · other. Insurance premiums totaled $175,699. Insurance brokers and agents were paid $113,344 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.5% of premiums. That is $343 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.0% from $106,927 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF NEW JERSEY, INC. · dental$176K · 379 covered
METROPOLITAN LIFE INSURANCE COMPANY · health life std ltdpremiums n/a · 351 covered
HORIZON HEALTHCARE SERVICES, INC. · health drugpremiums n/a · 228 covered
HORIZON HEALTHCARE SERVICES, INC. · visionpremiums n/a · 181 covered
Brokers & agents paid · 20244
SAVOY ASSOCIATES$88,768 · incl $19,627 fees
DONALD SAVOY INC$8,785
NPPG EMPLOYEE BENEFITS LLC$12,912
GIS BENEFITS INC$2,879 · incl $675 fees
Also brokered by Savoy Associates5
Manasquan Bank NJ$87,112
Subcom, LLC NJ$80,744

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 571200524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.