The Portland Group, Inc.benefits
The Portland Group, Inc. Consolidated Welfare Benefits Plan · FRAMINGHAM, MA · plan year 2024
The Portland Group, Inc.'s benefits plans covered 230 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $14,953. Insurance brokers and agents were paid $80,004 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 535.0% of premiums. That is $348 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.9% from $73,467 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041592601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.