Merrimack Collegebenefits
Merrimack College Group Welfare Insurance Plan · NORTH ANDOVER, MA · plan year 2024
Broker compensation reported · 2024
$169,073
Merrimack College's benefits plans covered 633 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $169,073 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $267 per covered person, above the median for employer plans that report broker pay. Broker pay rose 30% from $129,849 in 2023.
Insurance contracts · 20244
ARAG INSURANCE COMPANYpremiums n/a · 222 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life ltdpremiums n/a · 652 covered
HARVARD PILGRIM HEALTH CARE · health drug hmo ppopremiums n/a · 550 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 640 covered
Brokers & agents paid · 20245
CORPORATE SYNERGIES GROUP INC$90,528 · incl $14,388 fees
CORPORATE SYNERGIES GROUP LLC$72,663 · incl $20,156 fees
HPHC INSURANCE AGENCY, INC.$3,207
IMG$135 · incl $135 fees
Also brokered by Corporate Synergies Group Inc5
Gerresheimer Glass Inc. NJ$104,235
Sofidel America Corp. FL$68,002
Mestek, Inc. MA$59,423
F & H Electrical Contractors, Inc. FL$41,471
A&E Television Networks, LLC NY$25,714
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042103731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.