Plan Ledger DOL Form 5500 · updated monthly

On Time Transport, LLCbenefits

On Time Transport Medical Benefit Plan · ROSELLE, NJ · plan year 2024

Broker compensation reported · 2024
$105,246

On Time Transport, LLC's benefits plans covered 103 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,116,169. Insurance brokers and agents were paid $105,246 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.4% of premiums. That is $1,022 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 25% from $84,381 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug$1.1M · 126 covered
HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY · dentalpremiums n/a · 67 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · visionpremiums n/a · 115 covered
Brokers & agents paid · 20244
HUB INTERNATIOANL NORTHEAST$70,178 · incl $68,274 fees
GREATER METRO AGENCY INC$25,229 · incl $25,229 fees
FNA INSURANCE SERVICES INC$8,696 · incl $470 fees
ALTOMARE FINANCIAL GROUP, INC$1,143

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223086366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.