Plan Ledger DOL Form 5500 · updated monthly

Eastern Research Group, Inc.benefits

Eastern Research Group · CONCORD, MA · plan year 2024

Broker compensation reported · 2024
$212,944

Eastern Research Group, Inc.'s benefits plans covered 664 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $8,513,174. Insurance brokers and agents were paid $212,944 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $321 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $176,613 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug hmo ppo$8.5M · 1,000 covered
AETNA LIFE INSURANCE COMPANY · dentalpremiums n/a · 864 covered
VISION SERVICE PLAN · visionpremiums n/a · 401 covered
KGApremiums n/a · 784 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 664 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$208,991 · incl $62,204 fees
EASTERN INSURANCE GROUP, LLC$3,953
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042807100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.