Shields Health Management Company, LLCbenefits
Shields Health Management Company, LLC Health and Welfare Benefit Plan · STOUGHTON, MA · plan year 2024
Shields Health Management Company, LLC's benefits plans covered 2,534 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $34,875,891. Insurance brokers and agents were paid $792,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.3% of premiums. That is $313 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $652,505 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364820238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.