Plan Ledger DOL Form 5500 · updated monthly

Shawmut Group Inc.benefits

Shawmut Group Inc. Employee Benefits Plan · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$188,686

Shawmut Group Inc.'s benefits plans covered 978 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $188,686 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $193 per covered person, above the median for employer plans that report broker pay. Broker pay rose 11% from $169,854 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 859 covered
EYEMED VISION CARE · visionpremiums n/a · 1,379 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 978 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 99 covered
Brokers & agents paid · 20246
HAYS COMPANIES, INC.$2,746 · incl $278 fees
IMG$182 · incl $182 fees
Also brokered by Hays Companies5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 813645861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.