Plan Ledger DOL Form 5500 · updated monthly

First Montgomery Payroll, Inc.benefits

First Montgomery Payroll, Inc. Health and Welfare Benefits Plan · HADDON TOWNSHIP, NJ · plan year 2024

Broker compensation reported · 2024
$19,678

First Montgomery Payroll, Inc.'s benefits plans covered 166 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $19,678 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $119 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.3% from $18,342 in 2023.

Insurance contracts · 20245
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 198 covered
METROPOLITAN LIFE INSURANCE COMPANY · life stdpremiums n/a · 166 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 52 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 42 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 55 covered
Brokers & agents paid · 20244
MCGRIFF INSURANCE SERVICES, INC.$10,852 · incl $219 fees
MCGRIFF INSURANCE SERVICES INC.$453 · incl $453 fees
PLANSOURCE BENEFITS ADMIN, INC.$270
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223455347 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.