Plan Ledger DOL Form 5500 · updated monthly

Medford Wellington Service Co., Incbenefits

Medford Wellington Service Co. Health & Welfare Plans · BILLERICA, MA · plan year 2024

Broker compensation reported · 2024
$49,488

Medford Wellington Service Co., Inc's benefits plans covered 142 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $49,488 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $349 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $43,686 in 2023.

Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 271 covered
TUFTS ASSOCIATED HEALTH MAINTENANCE ORGANIZATION, INC. · health drug hmopremiums n/a · 177 covered
TUFTS INSURANCE COMPANY · health drug ppopremiums n/a · 15 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$37,048 · incl $8,648 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042478203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.