Plan Ledger DOL Form 5500 · updated monthly

Providence of Maryland, Inc.benefits

Providence Center Inc. Health and Welfare Plan · MILLERSVILLE, MD · plan year 2024

Broker compensation reported · 2024
$72,766

Providence of Maryland, Inc.'s benefits plans covered 185 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $72,766 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $393 per covered person, above the median for employer plans that report broker pay. Broker pay rose 45% from $50,195 in 2023.

Insurance contracts · 20244
CAREFIRST OF MARYLAND INCCAREFIRST BLUECHOICE INC · health drug dental vision hmo ppopremiums n/a · 259 covered
PRINCIPAL LIFE INSURANCE COMPANY · visionpremiums n/a · 48 covered
RENAISSANCE LIFE & HEALTH INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 402 covered
TRANSAMERICA LIFE INSURANCE COMPANY · lifepremiums n/a · 21 covered
Brokers & agents paid · 20243
KELLY INSURANCE & INVESTMENT, INC$49,351 · incl $40,453 fees
KELLY & ASSOCIATES INS GROUP INC$15,363 · incl $15,363 fees
KELLY BENEFIT STRATEGIES$8,052
Also brokered by Kelly Insurance & Investment, Inc2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520741599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.