Plan Ledger DOL Form 5500 · updated monthly

Spectrum Health Systems, Inc.benefits

Spectrum Health Systems, Inc. Health and Welfare Plan · WESTBOROUGH, MA · plan year 2024

Broker compensation reported · 2024
$135,622

Spectrum Health Systems, Inc.'s benefits plans covered 715 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $135,622 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $190 per covered person, above the median for employer plans that report broker pay. Broker pay fell 30% from $193,376 in 2023.

Insurance contracts · 202410
HPHC JOINT VENTURE UHG · health drugpremiums n/a · 5 covered
HARVARD PILGRIM HEALTH CARE · health drug hmopremiums n/a · 331 covered
HPHC JOINT VENTURE UHG · healthpremiums n/a · 27 covered
HPHC JOINT VENTURE UHG · healthpremiums n/a · 60 covered
HARVARD PILGRIM HEALTH CARE · health hmopremiums n/a · 5 covered
HARVARD PILGRIM HEALTH CARE · health hmopremiums n/a · 373 covered
ALTUS DENTAL INSURANCE COMPANY, INC. · dentalpremiums n/a · 837 covered
SYMETRA LIFE INSURANCE COMPANY · life ltdpremiums n/a
Brokers & agents paid · 20248
DIGITAL INSURNACE LLC$10,277
DIGITAL INSURANCE AGENCY INC.$56,986 · incl $3,582 fees
DIGITAL INSURANCE LLC$2,534 · incl $159 fees
DIGITAL INSURNACE INC$1,921 · incl $1,399 fees
DIGITAL INSURANCE AGENCY INC$44,908 · incl $2,823 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042478978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.