Plan Ledger DOL Form 5500 · updated monthly

John F. Murphy Homes, Inc.benefits

John F Murphy Homes, Inc. Consolidated Welfare Ben · AUBURN, ME · plan year 2024

Broker compensation reported · 2024
$350,093

John F. Murphy Homes, Inc.'s benefits plans covered 1,000 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $743,994. Insurance brokers and agents were paid $350,093 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 47.1% of premiums. That is $350 per covered person, above the median for employer plans that report broker pay. Broker pay rose 53% from $229,417 in 2023.

Insurance contracts · 20247
STANDARD INSURANCE COMPANY - DENTAL · dental$273K · 527 covered
STANDARD INSURANCE COMPANY - VISION · vision$48K · 1,000 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 818 covered
Brokers & agents paid · 20244
CROSS INSURANCE, INC. - MAINE$109,249
THE ULTIMATE SOFTWARE GROUP$24,809 · incl $24,809 fees
JAMES R NELLIGAN AND ASSOC LLC$65,013
Also brokered by Cross Insurance, Inc. - Maine1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 010355896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.