Plan Ledger DOL Form 5500 · updated monthly

Icare Management, LLCbenefits

Icare Management, LLC Employee Benefit Plan · MANCHESTER, CT · plan year 2024

Broker compensation reported · 2024
$161,289

Icare Management, LLC's benefits plans covered 659 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $178,133. Insurance brokers and agents were paid $161,289 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 90.5% of premiums. That is $245 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · life$98K · 533 covered
STANDARD INSURANCE COMPANY · std$63K · 659 covered
STANDARD INSURANCE COMPANY · ltd$17K · 66 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 447 covered
HEALTH NEW ENGLAND, INC. · healthpremiums n/a · 41 covered
STANDARD INSURANCE COMPANYpremiums n/a · 183 covered
Brokers & agents paid · 20241
HILB GROUP OF NEW ENGLAND$161,289 · incl $93,223 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 912089152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.