Massachusetts Mutual Life Insurancebenefits
Massmutual Voluntary Benefits Plan · SPRINGFIELD, MA · plan year 2024
Broker compensation reported · 2024
$32,038
Massachusetts Mutual Life Insurance's benefits plan covered 755 active participants in 2024, providing health · dental · vision · life · long-term disability · death benefits. Insurance brokers and agents were paid $32,038 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20241
METROPOLITAN GENERAL INSURANCE COMPANY · healthpremiums n/a · 755 covered
Brokers & agents paid · 20246
EMPOWER BENEFITS, INC.$18,553
MARSH MCLENNAN AGENCY$9,065 · incl $149 fees
CORESTREAM$3,989 · incl $3,989 fees
MARSH & MCLENNAN AGENCY LLC$424 · incl $424 fees
MARSH AND MCCLENNAN$4 · incl $4 fees
EMPOWER BENEFITS INC D/B/A$3 · incl $3 fees
Also brokered by Empower Benefits, Inc.5
Toyota Industries North America, Inc. IN$51,963
Reece, Inc. TX$39,983
Idaho Central Credit Union ID$32,746
Zoetis Inc. NJ$13,822
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041590850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.