Plan Ledger DOL Form 5500 · updated monthly

Ronald Mark Associates, Inc.benefits

Ronald Mark Associates Health & Welfare Benefits Plan · HILLSIDE, NJ · plan year 2024

Broker compensation reported · 2024
$54,191

Ronald Mark Associates, Inc.'s benefits plans covered 119 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $457,538. Insurance brokers and agents were paid $54,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.8% of premiums. That is $455 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 21% from $68,280 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dental ppo$458K · 110 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 119 covered
VISION SERVICE PLAN · visionpremiums n/a · 53 covered
Brokers & agents paid · 20243
AP BENEFIT ADVISORS LLC$46,498 · incl $42,225 fees
JAMES R. NELLIGAN & ASSOCIATES$6,831 · incl $780 fees
Also brokered by Ap Benefit Advisors LLC5
X-Energy, LLC MD$340,088
Sikich LLP IL$315,546

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222025459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.