Plan Ledger DOL Form 5500 · updated monthly

Lynn Community Health Incbenefits

Lynn Community Health Inc. Health and Welfare Plan · LYNN, MA · plan year 2024

Broker compensation reported · 2024
$589,284

Lynn Community Health Inc's benefits plans covered 626 active participants in 2024, providing health · dental · other · life · long-term disability · short-term disability. Insurance premiums totaled $633,154. Insurance brokers and agents were paid $589,284 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 93.1% of premiums. That is $941 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 7.6% from $547,715 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dental$633K · 655 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 6,262,732 covered
BCBS OF MA · healthpremiums n/a · 668 covered
Brokers & agents paid · 20244
BLUE BENEFIT ADMINISTRATORS OF MA$349,287 · incl $349,287 fees
SENTINEL INSURANCE AGENCY, INC.$191,325 · incl $191,325 fees
THE HILB GROUP OF NEW ENGLAND LLC$27,325
SENTINEL INSURANCE AGENCY$21,347 · incl $6,356 fees
Also brokered by Blue Benefit Administrators of Ma2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042525066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.