Plan Ledger DOL Form 5500 · updated monthly

Trustees of Westminster School, Inc.benefits

Trustees of Westminster School, Inc.-Health and Welfare Benefits Program · SIMSBURY, CT · plan year 2024

Broker compensation reported · 2024
$9,494

Trustees of Westminster School, Inc.'s benefits plans covered 119 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $112,150. Insurance brokers and agents were paid $9,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.5% of premiums. That is $80 per covered person, below the median for employer plans that report broker pay. Broker pay rose 7.8% from $8,806 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · dental$75K · 76 covered
STANDARD INSURANCE COMPANY · ltd$22K · 100 covered
STANDARD INSURANCE COMPANY · life$12K · 117 covered
STANDARD INSURANCE COMPANY · vision$2K · 76 covered
STANDARD INSURANCE COMPANYpremiums n/a · 60 covered
EYEMED VISION CARE · visionpremiums n/a · 154 covered
Brokers & agents paid · 20244
SMITH BROTHERS INSURANCE, LLC$3,527
SMITH BROTHERS INSURANCE LLC$1,295
PROGRESSIVE BENEFIT SOLUTIONS, LLC$3,501 · incl $3,501 fees
Also brokered by Smith Brothers Insurance, LLC5
Argan, Inc. MD$167,847

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060646960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.