Plan Ledger DOL Form 5500 · updated monthly

Optos Incorporatedbenefits

Optos Health and Welfare Plan · MARLBOROUGH, MA · plan year 2024

Broker compensation reported · 2024
$147,829

Optos Incorporated's benefits plans covered 262 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,827,524. Insurance brokers and agents were paid $147,829 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $564 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 41% from $105,191 in 2023.

Insurance contracts · 20247
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug hmo ppo$4.8M · 560 covered
VISION SERVICE PLAN · visionpremiums n/a · 233 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 262 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 23 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 263 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 21 covered
Brokers & agents paid · 20244
RSC INSURANCE BROKERAGE$68,386 · incl $14,194 fees
RISK STRATEGIES CORPORATION$60,200
STRATEGIC BENEFIT SOLUTIONS, INC.$9,398
RSC INSURANCE BROKERAGE, INC.$9,845 · incl $56 fees
Also brokered by Rsc Insurance Brokerage5
McPhs University MA$191,007

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 980192728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.