Plan Ledger DOL Form 5500 · updated monthly

The Peddie Schoolbenefits

The Peddie School Welfare Benefit Plan · HIGHTSTOWN, NJ · plan year 2024

Broker compensation reported · 2024
$3,948

The Peddie School's benefits plans covered 213 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $3,948 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 10.6x the $371 reported for 2023.

Insurance contracts · 20247
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 213 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 148 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 213 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 213 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 247 covered
VISION SERVICE PLAN · visionpremiums n/a · 172 covered
Brokers & agents paid · 20242
NFP CORPORATE SERVICES$10 · incl $10 fees
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 210634492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.