Plan Ledger DOL Form 5500 · updated monthly

The Norfolk Companies, Inc.benefits

The Norfolk Companies Health and Welfare Plan · BRAINTREE, MA · plan year 2024

Broker compensation reported · 2024
$11,541

The Norfolk Companies, Inc.'s benefits plans covered 234 active participants in 2024, providing health · life · short-term disability · vision · dental. Insurance brokers and agents were paid $11,541 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 81% from $59,361 in 2023.

Insurance contracts · 20242
PRINCIPAL LIFE INSURNCE COMPANY · life stdpremiums n/a · 234 covered
Brokers & agents paid · 20242
AMR BENEFITS MANAGEMENT, LLC$11,137 · incl $1,726 fees
Also brokered by Amr Benefits Management, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042424377 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.