Plan Ledger DOL Form 5500 · updated monthly

Emerson Swanbenefits

Emerson Swan Health and Welfare Plan · RANDOLPH, MA · plan year 2024

Broker compensation reported · 2024
$167,324

Emerson Swan's benefits plans covered 312 active participants in 2024, providing health · life · dental. Insurance premiums totaled $5,242,039. Insurance brokers and agents were paid $167,324 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $536 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $150,247 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug$5.2M · 575 covered
Brokers & agents paid · 20243
BROWN & BROWN OF MA LLC$161,249 · incl $29,974 fees
INGIGO INS SERVICES LLC$3,039 · incl $3,039 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200688536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.