Plan Ledger DOL Form 5500 · updated monthly

Turtle & Hughes, Inc.benefits

Turtle and Hughes, Inc. Welfare Plan · CLARK, NJ · plan year 2024

Broker compensation reported · 2024
$293,682

Turtle & Hughes, Inc.'s benefits plan covered 415 active participants in 2024, providing life · dental · long-term disability · death benefits · health · vision. Insurance premiums totaled $556,142. Insurance brokers and agents were paid $293,682 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 52.8% of premiums. That is $708 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20245
DELTA DENTAL OF NEW JERSEY INC. · dental$556K · 761 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 118 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 768 covered
HEARTLAND · visionpremiums n/a · 820 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 400 covered
Brokers & agents paid · 20244
BROWN & BROWN METRO LLC$187,047 · incl $132,235 fees
BROWN & BROWN INSURANCE SVCS INC.$37,815 · incl $37,815 fees
BROWN & BROWN INSURANCE SVCS INC$7,499 · incl $7,499 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135444820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.