Plan Ledger DOL Form 5500 · updated monthly

The Charles River Centerbenefits

Charles River Center Health and Welfare Benefit Plan · NEEDHAM, MA · plan year 2024

Broker compensation reported · 2024
$156,859

The Charles River Center's benefits plans covered 293 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $156,859 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $535 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $140,067 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health visionpremiums n/a · 272 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 337 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 293 covered
Brokers & agents paid · 20241
HILB GROUP OF NEW ENGLAND$156,859 · incl $132,138 fees
Also brokered by Hilb Group of New England5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042393108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.