Plan Ledger DOL Form 5500 · updated monthly

Edgewood Management Corporationbenefits

Edgewood Management Corp. Voluntary Employee Benefit Plan · GAITHERSBURG, MD · plan year 2024

Broker compensation reported · 2024
$29,978

Edgewood Management Corporation's benefits plans covered 300 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $29,978 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay fell 20% from $37,622 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · stop-losspremiums n/a · 300 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 354 covered
Brokers & agents paid · 20241
EMERSON REID LLC$29,978 · incl $16,196 fees
Also brokered by Emerson Reid LLC5
McPhs University MA$110,077

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521491854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.