Plan Ledger DOL Form 5500 · updated monthly

Shepard Schoolbenefits

Shepard School Welfare Benefit Plan · MORRISTOWN, NJ · plan year 2025

Broker compensation reported · 2025
$84,707

Shepard School's benefits plans covered 136 active participants in 2025, providing health · life · dental · vision · death benefits. Insurance premiums totaled $97,300. Insurance brokers and agents were paid $84,707 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.1% of premiums. That is $623 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 5.6% from $80,216 in 2024.

Insurance contracts · 20253
DELTA DENTAL OF NEW JERSEY, INC. · dental$97K · 208 covered
USABLE LIFE · lifepremiums n/a · 136 covered
HORIZON HEALTHCARE SERVICES, INC. · health drug visionpremiums n/a · 107 covered
Brokers & agents paid · 20255
HORIZON INSURANCE COMPANY$1,026 · incl $1,026 fees
MARTIN INSURANCE SERVICES, INC.$310
Also brokered by Acrisure5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 223106512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.