Plan Ledger DOL Form 5500 · updated monthly

Petes Tire Barns, Inc.benefits

Petes Tire Barns, Inc. · ORANGE, MA · plan year 2024

Broker compensation reported · 2024
$141,191

Petes Tire Barns, Inc.'s benefits plans covered 324 active participants in 2024, providing health · life · dental · short-term disability. Insurance premiums totaled $2,863,692. Insurance brokers and agents were paid $141,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.9% of premiums. That is $436 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $119,984 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health dental$2.9M · 544 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 324 covered
Brokers & agents paid · 20244
MARSH & MCLENNAN AGENCY LLC$122,826 · incl $6,507 fees
BOSTON INSURANCE GROUP INC$11,273
INDIGO INSURANCE SERVICES$4,761 · incl $4,761 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042485717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.