Plan Ledger DOL Form 5500 · updated monthly

Ranch Hope, Inc.benefits

Ranch Hope, Inc. Welfare Benefits Plan · ALLOWAY, NJ · plan year 2024

Broker compensation reported · 2024
$96,333

Ranch Hope, Inc.'s benefits plans covered 159 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $64,615. Insurance brokers and agents were paid $96,333 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 149.1% of premiums. That is $606 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $82,906 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF NEW JERSEY, INC. · dental$65K · 150 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 171 covered
HORIZON HEALTHCARE SERVICES, INC. · drugpremiums n/a · 94 covered
HORIZON HEALTHCARE SERVICES, INC. · health visionpremiums n/a · 94 covered
Brokers & agents paid · 20243
HORIZON INSURANCE COMPANY$2,560 · incl $2,560 fees
CENTERSTONE INS & FIN SER$85,711 · incl $15,141 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 221739545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.