The Richards Groupbenefits
The Richards Group Health & Welfare Benefit Plan · BRATTLEBORO, VT · plan year 2024
Broker compensation reported · 2024
$14,734
The Richards Group's benefits plans covered 158 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $14,734 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $93 per covered person, below the median for employer plans that report broker pay. Broker pay rose 28% from $11,534 in 2023.
Insurance contracts · 20248
DELTA DENTAL PLAN OF VERMONT, INC. · dentalpremiums n/a · 260 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 167 covered
INVEST EAPpremiums n/a · 130 covered
VISION SERVICE PLAN · visionpremiums n/a · 94 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 160 covered
SYMETRA LIFE INSURANCE COMPANY · stdpremiums n/a
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 82 covered
SYMETRA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 158 covered
Brokers & agents paid · 20243
THE RICHARDS GROUP$8,408 · incl $733 fees
GALLAGHER BENEFIT SERVICES, INC.$3,734 · incl $926 fees
LOCASCIO HADDEN & DENNIS LLC$2,592 · incl $1,954 fees
Also brokered by The Richards Group5
Concord General Mutual Insurance Company NH$98,609
The Lane Press, Inc. VT$79,915
Hcp Packaging USA, Inc CT$63,081
Northwestern Medical Center, Inc. VT$60,783
Vermont Law School VT$57,488
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 030215988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.