Plan Ledger DOL Form 5500 · updated monthly

The Arc of Southern Marylandbenefits

The Arc of Southern Maryland Employee Benefit Plan · PRINCE FREDERICK, MD · plan year 2024

Broker compensation reported · 2024
$38,974

The Arc of Southern Maryland's benefits plans covered 248 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $38,974 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $157 per covered person, below the median for employer plans that report broker pay. Broker pay rose 30% from $30,088 in 2023.

Insurance contracts · 20243
CAREFIRST OF MARYLAND, INC. · dental visionpremiums n/a · 259 covered
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 248 covered
SWISS RE CORPORATE AMERICA INS. CORP. · stop-losspremiums n/a · 169 covered
Brokers & agents paid · 20242
HILB GROUP OF NEW ENGLAND$30,355 · incl $10,966 fees
HILB GROUP OF MARYLAND$8,619 · incl $3,660 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521062351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.