Plan Ledger DOL Form 5500 · updated monthly

The Key Program, Inc.benefits

The Key Program Inc. Welfare Benefits Plan · FRAMINGHAM, MA · plan year 2024

Broker compensation reported · 2024
$165,684

The Key Program, Inc.'s benefits plans covered 225 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance brokers and agents were paid $165,684 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $736 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 27.5x the $6,023 reported for 2023.

Insurance contracts · 20242
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 225 covered
BCBS OF MA · healthpremiums n/a · 258 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE$159,277 · incl $159,277 fees
INDIGO INSURANCE SVC$2,199 · incl $2,199 fees
Also brokered by Digital Insurance5
Axient, LLC AL$278,191

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042539878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.