Plan Ledger DOL Form 5500 · updated monthly

Florence Electric LLCbenefits

Florence Electric LLC Employee Benefit Plan · CANTON, MA · plan year 2024

Broker compensation reported · 2024
$15,823

Florence Electric LLC's benefits plans covered 195 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $15,823 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay rose 15% from $13,797 in 2023.

Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 145 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 274 covered
Brokers & agents paid · 20245
PFG BENEFITS, INC.$11,182
JONATHAN F. SULLIVAN$1,829
DOUGLAS S. HALL$1,361
TRUE NETWORK OF ADVISORS, LLC$1,316 · incl $1,316 fees
Individual agent · names withheld$135

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Pfg Benefits, Inc.3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201831202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.