Plan Ledger DOL Form 5500 · updated monthly

The Arc of Opportunity in North Central Massachusetts, Inc.benefits

The Arc of Opportunity in North Central Massachusetts, Inc. Health & Welfare Plan · FITCHBURG, MA · plan year 2024

Broker compensation reported · 2024
$25,405

The Arc of Opportunity in North Central Massachusetts, Inc.'s benefits plans covered 159 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $80,975. Insurance brokers and agents were paid $25,405 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.4% of premiums. That is $160 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.8% from $26,124 in 2023.

Insurance contracts · 20244
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 36 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 159 covered
Brokers & agents paid · 20249
ANDREA R HENCHEY$3,803 · incl $2,195 fees
HUB INTERNATIONAL NEW ENGLAND LIC$3,796 · incl $97 fees
BERTHA PATRICIA SHEPHERD$1,210
HUB INTERNATIONAL NEW ENGLAND LLC$10,978 · incl $3,725 fees
ENROLLMENT SOLUTIONS LIMITED$737 · incl $350 fees
INSPIRED INC$700 · incl $194 fees
MARC A GROVE AND OTHER AGENTS$327 · incl $152 fees
NATIONAL ENROLLMENT PARTNERS LLC$288 · incl $149 fees
Also brokered by Andrea R Henchey5
Optima Medical AZ$56,176

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042226199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.