Plan Ledger DOL Form 5500 · updated monthly

Empower Lgabenefits

Employer Lga Welfare Benefit Plan · CANTON, MA · plan year 2024

Broker compensation reported · 2024
$46,806

Empower Lga's benefits plans covered 145 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance brokers and agents were paid $46,806 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $323 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $38,421 in 2023.

Insurance contracts · 20245
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 73 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dentalpremiums n/a · 145 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 101 covered
Brokers & agents paid · 20242
INNOVO BENEFITS GROUP$44,979
INDIGO INSURANCE SERVICES LLC$1,827 · incl $1,827 fees
Also brokered by Innovo Benefits Group5
Comsol, Inc. MA$83,511

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042734184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.