Plan Ledger DOL Form 5500 · updated monthly

Jericho Road Ministries, Incbenefits

Jericho Road Life Plan · BUFFALO, NY · plan year 2024

Broker compensation reported · 2024
$64,330

Jericho Road Ministries, Inc's benefits plans covered 322 active participants in 2024, providing life. Insurance premiums totaled $2,477,469. Insurance brokers and agents were paid $64,330 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.6% of premiums. That is $200 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $54,141 in 2023.

Insurance contracts · 20243
INDEPENDENT HEALTH BENEFITS CORPORATION · health$2.5M · 179 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 288 covered
GUARDIAN · dentalpremiums n/a · 158 covered
Brokers & agents paid · 20241
LAWLEY LLC$64,330 · incl $6,266 fees
Also brokered by Lawley LLC5
Kaleida Health NY$272,973
Lawley LLC NY$208,835

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421571876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.