Plan Ledger DOL Form 5500 · updated monthly

Solomon Schechter Day Schoolbenefits

Solomon Schechter Day School of Greater Boston Health and Welfare Benefits Plan · NEWTON, MA · plan year 2024

Broker compensation reported · 2024
$44,449

Solomon Schechter Day School's benefits plans covered 158 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $897,389. Insurance brokers and agents were paid $44,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay fell 29% from $62,365 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health dental$897K · 153 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 123 covered
EYEMED VISION CARE · visionpremiums n/a · 110 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 14 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE AGENCY, INC.$38,005 · incl $6,900 fees
DIGITAL INSURANCE INC.$5,895 · incl $648 fees
DIGITAL INSURANCE AGENCY INC.$549
Also brokered by Digital Insurance Agency, Inc.3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042303212 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.