Plan Ledger DOL Form 5500 · updated monthly

Health Advances LLCbenefits

Health Advances LLC Health and Welfare Plan · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$81,757

Health Advances LLC's benefits plans covered 0 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,435,854. Insurance brokers and agents were paid $81,757 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. Broker pay fell 16% from $97,274 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC · health drug ppo$1.4M · 159 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC · dental$75K · 145 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 98 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 117 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC.$81,695 · incl $7,365 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043545579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.