Plan Ledger DOL Form 5500 · updated monthly

The Arc of Monmouth, Inc.benefits

The Arc of Monmouth, Inc. Medical Plan · TINTON FALLS, NJ · plan year 2024

Broker compensation reported · 2024
$153,634

The Arc of Monmouth, Inc.'s benefits plans covered 172 active participants in 2024, providing health · other. Insurance premiums totaled $55,726. Insurance brokers and agents were paid $153,634 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 275.7% of premiums. That is $893 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 34% from $114,408 in 2023.

Insurance contracts · 202410
DELTA DENTAL OF NEW JERSEY, INC. · dental$45K · 194 covered
DELTA DENTAL OF CONNECTICUT, INC. · vision$10K · 184 covered
USABLE LIFE · lifepremiums n/a · 158 covered
USABLE LIFE · lifepremiums n/a · 147 covered
USABLE LIFE · lifepremiums n/a · 134 covered
USABLE LIFE · lifepremiums n/a · 133 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 164 covered
USABLE LIFE · lifepremiums n/a · 154 covered
USABLE LIFE · ltdpremiums n/a · 68 covered
USABLE LIFE · lifepremiums n/a · 49 covered
Brokers & agents paid · 20248
CAMPBELL PETRIE, INC.$104,740
MY BENEFIT ADVISOR, LLC$6,546
HORIZON INSURANCE COMPANY$9,212 · incl $9,212 fees
Also brokered by Campbell Petrie, Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 210657022 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.