Plan Ledger DOL Form 5500 · updated monthly

Independence Associationbenefits

Independence Association Welfare Benefit Plan · BRUNSWICK, ME · plan year 2024

Broker compensation reported · 2024
$19,050

Independence Association's benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $19,050 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $173 per covered person, below the median for employer plans that report broker pay. Brokers were paid 14.1x the $1,350 reported for 2023.

Insurance contracts · 20244
ANTHEM HEALTH PLANS OF MAINE, INC. · visionpremiums n/a · 75 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 110 covered
COMMUNITY HEALTH OPTIONS · health drugpremiums n/a · 66 covered
AMERITAS LIFE INSURANCE CORPORATION · dental visionpremiums n/a · 140 covered
Brokers & agents paid · 20242
ABRAM DURYEE$15,960

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010278024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.