Plan Ledger DOL Form 5500 · updated monthly

Prospect Transportation, Inc.benefits

Prospect Transportation Inc Employee Benefit Plan · CARLSTADT, NJ · plan year 2024

Previously filed as Prospect Transportation Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$472,736

Prospect Transportation, Inc.'s benefits plans covered 122 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $472,736 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $3,875 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 4.4x the $106,708 reported for 2023.

Insurance contracts · 20244
CIGNA HEALTH · dentalpremiums n/a · 120 covered
HORIZON · healthpremiums n/a · 123 covered
HORIZON · drugpremiums n/a · 103 covered
UNITED HEALTCARE · lifepremiums n/a · 146 covered
Brokers & agents paid · 20244
CENTERSTONE INS DBA BENEFIT M$23,062 · incl $5,241 fees
KORE INSURANCE HOLDINGS$11,078 · incl $484 fees
LAWLEY$3,058
MARTIN INSURANCE GROUP$435,538 · incl $17,135 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222725070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.