Momentum Manufacturing Groupbenefits
Momentum Manufacturing Group & Welfare Plan · GEORGETOWN, MA · plan year 2025
Momentum Manufacturing Group's benefits plans covered 501 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $4,694,526. Insurance brokers and agents were paid $134,604 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $269 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.8% from $147,522 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 823058909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.