Plan Ledger DOL Form 5500 · updated monthly

Mercy Ridge Inc.benefits

Mercy Ridge Incorporation Flexible Benefits Program · TIMONIUM, MD · plan year 2024

Broker compensation reported · 2024
$69,402

Mercy Ridge Inc.'s benefits plans covered 124 active participants in 2024, providing health · life · dental. Insurance brokers and agents were paid $69,402 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $560 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.7% from $73,594 in 2023.

Insurance contracts · 20242
RELIANCE STANDARD · lifepremiums n/a · 124 covered
CAREFIRST · health drug dental hmo ppopremiums n/a · 176 covered
Brokers & agents paid · 20243
KELLY & ASSOCIATES$15,662 · incl $15,662 fees
DANA INSURANCE SERVICE DBA WORKPERX$52,554 · incl $1,855 fees
KELLY & ASSOCIATES INSURANCE GROUP$1,186 · incl $1,186 fees
Also brokered by Kelly & Associates3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522097927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.