Plan Ledger DOL Form 5500 · updated monthly

The Andover Companiesbenefits

The Andover Companies Welfare Benefit Plan · ANDOVER, MA · plan year 2025

Broker compensation reported · 2025
$55,163

The Andover Companies's benefits plans covered 326 active participants in 2025, providing health · life · long-term disability · death benefits · other. Insurance brokers and agents were paid $55,163 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.4% from $58,957 in 2024.

Insurance contracts · 20254
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 221 covered
CURALINC, LLCpremiums n/a · 308 covered
HARTFORD LIFE AND ACCIDENT INSURANCE COpremiums n/a · 326 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 326 covered
Brokers & agents paid · 20251
GALLAGHER BENEFIT SERVICES, INC.$55,163 · incl $7,298 fees
Also brokered by Gallagher5
Prisma Health SC$2,123,789

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 041614490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.