Infinite Electronics Inc.benefits
Infinite Electronics Inc. Welfare Plan · NORTH ANDOVER, MA · plan year 2024
Broker compensation reported · 2024
$51,481
Infinite Electronics Inc.'s benefits plans covered 549 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $51,481 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $94 per covered person, below the median for employer plans that report broker pay. Broker pay fell 70% from $173,773 in 2023.
Insurance contracts · 20246
DELTA DENTAL OF MASSACHUSETTS · dentalpremiums n/a · 929 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO · visionpremiums n/a · 23 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 547 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 272 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 70 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO · visionpremiums n/a · 764 covered
Brokers & agents paid · 20241
MERCER HEALTH & BENEFITS, LLC.$51,481 · incl $5,643 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 841725911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.