Plan Ledger DOL Form 5500 · updated monthly

Springfield Medical Associates, Inc.benefits

Springfield Medical Associates, Inc. Group Term Life and Disability Insurance Plan · SPRINGFIELD, MA · plan year 2023

Broker compensation reported · 2023
$4,462

Springfield Medical Associates, Inc.'s benefits plan covered 47 active participants in 2023, providing life · long-term disability. Insurance premiums totaled $42,081. Insurance brokers and agents were paid $4,462 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.6% of premiums. That is $95 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20232
STANDARD INSURANCE COMPANY · ltd$37K · 47 covered
STANDARD INSURANCE COMPANY · life$5K · 47 covered
Brokers & agents paid · 20232
WEBBER AND GRINNELL EMPLOYEE BENEFI$538
Also brokered by Alera Group Inc5
John Muir Health CA$340,576

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 043498186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.