Plan Ledger DOL Form 5500 · updated monthly

Income Research & Managementbenefits

Income Research & Management Health and Welfare Plan · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$184,665

Income Research & Management's benefits plans covered 210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $184,665 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $879 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 141% from $76,732 in 2023.

Insurance contracts · 20248
VISION SERVICE PLAN · visionpremiums n/a · 120 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 209 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 203 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 208 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug vision ppopremiums n/a · 311 covered
DELTA DENTAL OF MASSACHUSETTS · dentalpremiums n/a · 476 covered
EVERNORTH CARE SOLUTIONS, INC.premiums n/a · 523 covered
Brokers & agents paid · 20242
MERCER HEALTH & BENEFITS, LLC.$183,767 · incl $157,524 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 042955404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.