Plan Ledger DOL Form 5500 · updated monthly

Morsecorp, Incbenefits

Morse Corporation Health and Welfare Plan · CAMBRIDGE, MA · plan year 2025

Broker compensation reported · 2025
$40,094

Morsecorp, Inc's benefits plans covered 165 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $40,094 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $243 per covered person, above the median for employer plans that report broker pay. Broker pay fell 27% from $54,603 in 2024.

Insurance contracts · 20254
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 165 covered
HARVARD PILGRIM HEALTH CARE · health drug hmo ppopremiums n/a · 92 covered
Brokers & agents paid · 20251
GALLAGHER BENEFIT SERVICES, INC.$40,094 · incl $15,784 fees
Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 472054171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.