Plan Ledger DOL Form 5500 · updated monthly

Openexchange, Inc.benefits

Openexchange, Inc. Health and Welfare Plan · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$52,169

Openexchange, Inc.'s benefits plans covered 82 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $52,169 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $636 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 12% from $59,233 in 2023.

Insurance contracts · 20243
BLUE CROSS AND BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dentalpremiums n/a · 148 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 80 covered
Brokers & agents paid · 20241
GALLAGHER BENEFIT SERVICES, INC.$52,169 · incl $8,945 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 264137415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.