Plan Ledger DOL Form 5500 · updated monthly

Monarch School of New Englandbenefits

Monarch School of New England Life Insurance Plan · ROCHESTER, NH · plan year 2024

Broker compensation reported · 2024
$640

Monarch School of New England's benefits plans covered 120 active participants in 2024, providing life · death benefits. Insurance premiums totaled $5,402. Insurance brokers and agents were paid $640 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $5 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 15% from $755 in 2023.

Insurance contracts · 20241
STANDARD INSURANCE COMPANY · life$5K · 120 covered
Brokers & agents paid · 20241
CRONIN GERVINO & WARLICK, INC.$640
Also brokered by Cronin Gervino & Warlick, Inc.5
Procon, Inc. NH$71,079

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 020315196 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.