Polar Corp.benefits
Group Insurance Plan for Employees of Polar Corp. · WORCESTER, MA · plan year 2024
Broker compensation reported · 2024
$59,721
Polar Corp.'s benefits plans covered 1,911 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $59,721 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $31 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 41% from $42,454 in 2023.
Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 1,911 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 593 covered
Brokers & agents paid · 20242
DONALD C. SAVOY, INC.$57,986 · incl $14,728 fees
BORISLOW INS. & FINANCIAL SERVICES$1,735
Also brokered by Donald C. Savoy, Inc.5
Kiss Nail Products, Inc. NY$158,033
Dine Development Corporation AZ$40,042
Jesco, Inc. NJ$37,153
Suburban Consulting Engineers, Inc. NJ$35,848
Imtech Graphics, Inc. NJ$21,224
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043026575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.