Trustees Local 1262 and Shoprite Welfare Fundbenefits
Ufcw Local 1262 and Shoprite Welfare Fund · CLIFTON, NJ · plan year 2024
Broker compensation reported · 2024
$28,398
Trustees Local 1262 and Shoprite Welfare Fund's benefits plans covered 11,633 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $28,398 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 23% from $23,155 in 2023.
Insurance contracts · 20244
ARAG INSURANCE COMPANYpremiums n/a · 14,164 covered
USABLE LIFE · lifepremiums n/a · 14,107 covered
HORIZON HEALTHCARE SERVICES · stop-losspremiums n/a · 5,462 covered
HORIZON INSURANCE COMPANY · visionpremiums n/a · 12,782 covered
Brokers & agents paid · 20242
HORIZON INSURANCE COMPANY$16,429 · incl $16,429 fees
DAVIS RICHARDS, C/O RJ DAVIS ASSOCI$11,969
Also brokered by Horizon Insurance Company5
Horizon Healthcare Services, Inc. NJ$186,320
Withumsmith & Brown, PC NJ$72,755
Benecard Services, Inc NJ$19,118
Atalanta Corporation NJ$15,266
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 226137317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.