Plan Ledger DOL Form 5500 · updated monthly

Pare Corporationbenefits

Pare Corporation Employee Benefit Plan · LINCOLN, RI · plan year 2024

Broker compensation reported · 2024
$52,714

Pare Corporation's benefits plans covered 132 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $52,714 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $399 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $47,258 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF RHODE ISLAND · healthpremiums n/a · 253 covered
DELTA DENTAL OF RHODE ISLAND · dentalpremiums n/a · 283 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 132 covered
DELTA DENTAL OF RHODE ISLAND · visionpremiums n/a · 267 covered
Brokers & agents paid · 20244
WD & ASSOCIATES$30,390 · incl $30,390 fees
HILB GROUP OF NEW ENGLAND$13,266 · incl $11,016 fees
MICHAEL W BATON$4,404
Also brokered by Wd & Associates1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 050349690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.