Plan Ledger DOL Form 5500 · updated monthly

Modern Meadowbenefits

Modern Meadow Benefits Plan · NUTLEY, NJ · plan year 2024

Broker compensation reported · 2024
$91,841

Modern Meadow's benefits plans covered 48 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $91,841 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,913 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 34% from $139,206 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 70 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 91 covered
Brokers & agents paid · 20242
WORLD INSURANCE ASSOCIATES LLC$66,467 · incl $57,268 fees
FNA INSURANCE SERVICES, INC.$25,374 · incl $25,374 fees
Also brokered by World Insurance Associates LLC5
Tata Elxsi LTD MI$309,810
Monday.com NY$174,972

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 452927254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.