Plan Ledger DOL Form 5500 · updated monthly

Professional Services Management Corporationbenefits

Professional Services Management Corporation Health and Welfare Plan · ABINGDON, MD · plan year 2024

Broker compensation reported · 2024
$133,875

Professional Services Management Corporation's benefits plans covered 694 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $133,875 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $193 per covered person, above the median for employer plans that report broker pay. Broker pay fell 21% from $168,504 in 2023.

Insurance contracts · 20246
AETNA LIFE INSURANCE COMPANY AND AFFILIATES · health dental visionpremiums n/a · 1,021 covered
RELIANCESTANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 694 covered
RELIANCESTANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 697 covered
RELIANCESTANDARD LIFE INSURANCE COMPANYpremiums n/a · 174 covered
RELIANCESTANDARD LIFE INSURANCE COMPANYpremiums n/a · 230 covered
RELIANCESTANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 292 covered
Brokers & agents paid · 20246
MCGRIFF INSURANCE SERVICES INC$55,040 · incl $52,322 fees
MCGRIFF INSURANCE SERVICES, INC.$29,749 · incl $4,364 fees
MCGRIFF INSURANCE SERVICES,INC.$13,316 · incl $2,049 fees
MCGRIFF, A MARSH & MCLENNAN AG LLC$11,061 · incl $10,000 fees
THE BENEFIT COMPANY INC$14,495 · incl $14,495 fees
JAMES R. NELLIGAN & ASSOC LLC$10,214
Also brokered by McGriff5
El Camino Hospital CA$1,115,318

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521708696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.