Fedway Associates, Inc.benefits
Fedway Associates, Inc. Welfare Plan · BASKING RIDGE, NJ · plan year 2024
Broker compensation reported · 2024
$441,086
Fedway Associates, Inc.'s benefits plans covered 651 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $441,086 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $678 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $497,356 in 2023.
Insurance contracts · 20243
VISION SERVICE PLAN · visionpremiums n/a · 651 covered
AETNA LIFE INSURANCE COMPANY AND AFF · health dentalpremiums n/a · 1,522 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 818 covered
Brokers & agents paid · 20242
WILLIAM HEENEY$439,094
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 220905070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.