Freedom AG & Energy Cooperative, Inc.benefits
Fae Wrap Plan · MOUNTAIN LAKE PARK, MD · plan year 2024
Broker compensation reported · 2024
$83,650
Freedom AG & Energy Cooperative, Inc.'s benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $83,650 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $664 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 37% from $61,264 in 2023.
Insurance contracts · 20244
CAREFIRST OF MARYLAND, INC. · health drug ppopremiums n/a · 106 covered
DELTA DENTAL OF PENNSYLVANIA · dentalpremiums n/a · 158 covered
VISION SERVICE PLAN · visionpremiums n/a · 87 covered
GUARDIAN · life std ltdpremiums n/a · 118 covered
Brokers & agents paid · 20242
M3 INSURANCE SOLUTIONS INC$82,545 · incl $69,535 fees
WATCHTOWER BENEFITS LLC$1,105
Also brokered by M3 Insurance Solutions Inc5
Jp Cullen and Sons, Inc. WI$455,532
Trek Bicycle Corporation WI$247,961
State Collection Service, Inc. WI$179,400
Mayville Engineering Company, Inc. WI$161,977
Stella & Chewy's WI$154,280
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 883687780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.