Plan Ledger DOL Form 5500 · updated monthly

Notch Welding & Mechanical Contractors, Inc.benefits

Notch Welding and Mechanical Contractors, Inc. dba Notch Mechanical Constructors Welfare Benefits Plan · CHICOPEE, MA · plan year 2024

Broker compensation reported · 2024
$57,745

Notch Welding & Mechanical Contractors, Inc.'s benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $57,745 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $525 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 0.8% from $58,214 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health dental hmo ppopremiums n/a · 176 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 107 covered
Brokers & agents paid · 20244
DIGITAL INSURANCE, INC$37,201 · incl $8,100 fees
HOLMES, MURPHY & ASSOCIATES, INC.$10,426
DIGITAL INSURANCE, INC.$7,110 · incl $2,428 fees
INDIGO INSURANCE SERVICES$3,008 · incl $3,008 fees
Also brokered by Digital Insurance, Inc5
Globoforce, Inc. MA$151,947

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042587894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.