Plan Ledger DOL Form 5500 · updated monthly

Masterworks, Inc.benefits

Masterworks, Inc. Health and Welfare Benefits Plan · POULSBO, WA · plan year 2024

Broker compensation reported · 2024
$55,694

Masterworks, Inc.'s benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $55,694 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $453 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $62,670 in 2023.

Insurance contracts · 20242
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 123 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental visionpremiums n/a · 350 covered
Brokers & agents paid · 20242
BERG BENEFITS, INC.$50,232
CONNEXION INSURANCE SOLUTIONS$5,462 · incl $1,960 fees
Also brokered by Berg Benefits, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 911439009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.