Plan Ledger DOL Form 5500 · updated monthly

Payrolling Partners Inc.benefits

Payrolling Partners Inc. Welfare Benefit Plan · CLIFTON, NJ · plan year 2024

Broker compensation reported · 2024
$17,565

Payrolling Partners Inc.'s benefits plans covered 129 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $17,565 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay fell 11% from $19,770 in 2023.

Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · health drug visionpremiums n/a · 14 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 269 covered
Brokers & agents paid · 20244
RED GATE GROUP, LLC$15,115
NFP CORPORATE SERVICES NY LLC$1,985 · incl $234 fees
PHRI LLC$366 · incl $366 fees
Also brokered by Red Gate Group, LLC4
Aga, LLC GA$50,089
Sunmed LLC MI$3,383

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222364706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.