Plan Ledger DOL Form 5500 · updated monthly

McGovern Automotive Groupbenefits

McGovern Automotive Group Employee Benefits Plan · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$115,527

McGovern Automotive Group's benefits plans covered 2,141 active participants in 2024, providing health · dental · vision · life · short-term disability. Insurance brokers and agents were paid $115,527 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $54 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 20% from $96,656 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · dentalpremiums n/a · 1,997 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 187 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,526 covered
UNITEDHEALTHCARE INSURANCE COMPANYpremiums n/a · 704 covered
CURALINC HEALTHCAREpremiums n/a · 1,475 covered
Brokers & agents paid · 20242
BROWN & BROWN INSURANCE SERVICES$94,602 · incl $1,700 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 812825767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.