Plan Ledger DOL Form 5500 · updated monthly

Greater Springfield Senior Servicesbenefits

Greater Springfield Senior Services Welfare Benefits Plan · SPRINGFIELD, MA · plan year 2024

Broker compensation reported · 2024
$62,901

Greater Springfield Senior Services's benefits plans covered 170 active participants in 2024, providing health · life · dental · death benefits. Insurance premiums totaled $145,197. Insurance brokers and agents were paid $62,901 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.3% of premiums. That is $370 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.8% from $62,416 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dental$145K · 273 covered
HEALTH NEW ENGLAND, INC. · health drugpremiums n/a · 171 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 170 covered
Brokers & agents paid · 20243
ONE MONARCH PLACE$54,201
HUB INTERNATIONAL NEW ENGLAND LLC$3,495 · incl $1,191 fees
Also brokered by One Monarch Place5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042510895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.