Plan Ledger DOL Form 5500 · updated monthly

Recorded Futurebenefits

Recorded Future Health & Welfare Plan · SOMERVILLE, MA · plan year 2024

Broker compensation reported · 2024
$242,504

Recorded Future's benefits plans covered 521 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $6,830,091. Insurance brokers and agents were paid $242,504 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $465 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.1% from $224,294 in 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health$6.8M · 979 covered
VISION SERVICE PLAN · visionpremiums n/a · 406 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 521 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 800 covered
Brokers & agents paid · 20248
BROWN&BROWN INSURANCE SERVICES, INC$25,419
HAYS COMPANIES INC$9,141 · incl $9,141 fees
BROWN & BROWN INSURANCE SERVICES, I$158,242 · incl $49,500 fees
Individual agent · names withheld$882

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Hays Companies5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 262428801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.