Plan Ledger DOL Form 5500 · updated monthly

Porzio, Bromberg & Newman, P.C.benefits

Porzio Bromberg & Newman PC Health & Life Insurance Plan · MORRISTOWN, NJ · plan year 2024

Broker compensation reported · 2024
$139,743

Porzio, Bromberg & Newman, P.C.'s benefits plans covered 305 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $176,812. Insurance brokers and agents were paid $139,743 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 79.0% of premiums. That is $458 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 6.2% from $149,018 in 2023.

Insurance contracts · 202412
DELTA DENTAL OF NEW JERSEY, INC. · dental$177K · 148 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 175 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 201 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 305 covered
GREAT NORTHERN INSURANCE COMPANYpremiums n/a · 183 covered
MARKEL INSURANCE COMPANYpremiums n/a · 223 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 29 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 120 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 12 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 17 covered
Brokers & agents paid · 20246
MERCER HEALTH & BENEFITS LLC$132,985 · incl $25,831 fees
MERCER HEALTH AND BENEFITS LLC$1,397 · incl $183 fees
RPS BOLLINGER SPORTS AND LEISURE$105
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222005150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.