Plan Ledger DOL Form 5500 · updated monthly

Herrick Technology Laboratories, Inc.benefits

Herrick Technology Laboratories, Inc. Welfare Benefit Plan · GERMANTOWN, MD · plan year 2024

Broker compensation reported · 2024
$165,846

Herrick Technology Laboratories, Inc.'s benefits plans covered 116 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $165,846 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,430 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 16% from $142,789 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 107 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 429 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 116 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 165 covered
Brokers & agents paid · 20246
MELTZER GROUP INC. C/O NFP (PA)$80,489 · incl $80,489 fees
POTOMAC BASIN GROUP ASSOC LLC$40,244 · incl $40,244 fees
JAMES R. NELLIGAN & ASSOCIATES, LLC$11,364 · incl $4,578 fees
TOTALIS BENEFITS, INC$2,472 · incl $2,472 fees
NFP INS SERVICES INC$1,722 · incl $1,722 fees
THE MELTZER GROUP INC$29,555 · incl $4,132 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 020521008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.