Plan Ledger DOL Form 5500 · updated monthly

Thought Industries, Inc.benefits

Thought Industries, Inc. Health & Welfare Plan · BOSTON, MA · plan year 2023

Broker compensation reported · 2023
$69,373

Thought Industries, Inc.'s benefits plan covered 91 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $69,373 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $762 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20232
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life std ltdpremiums n/a · 97 covered
BLUE CROSS AND BLUE SHIELD OF MASSACHUSETTS, INC. · health drug hmo ppopremiums n/a · 154 covered
Brokers & agents paid · 20232
ABD INS. AND FINANCIAL SVCS, INC.$65,380 · incl $1,044 fees
HPHC INSURANCE AGENCY, INC.$3,993
Also brokered by Abd Ins. and Financial Svcs, Inc.2

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 463655883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.