Plan Ledger DOL Form 5500 · updated monthly

Hvv Massachusetts Inc.benefits

Hvv Massachusetts Inc. Employee Benefits Plan · IPSWICH, MA · plan year 2024

Broker compensation reported · 2024
$55,498

Hvv Massachusetts Inc.'s benefits plans covered 130 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,368,817. Insurance brokers and agents were paid $55,498 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $427 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.6% from $61,375 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health$1.3M · 173 covered
Brokers & agents paid · 20241
HILB GROUP OF NEW ENGLAND$55,498 · incl $9,248 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 824995668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.