Plan Ledger DOL Form 5500 · updated monthly

Ufp Technologies, Inc.benefits

Ufp Technologies, Inc. Group Insurance Plan · NEWBURYPORT, MA · plan year 2024

Broker compensation reported · 2024
$135,576

Ufp Technologies, Inc.'s benefits plans covered 1,417 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $40,302. Insurance brokers and agents were paid $135,576 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 336.4% of premiums. That is $96 per covered person, below the median for employer plans that report broker pay. Broker pay rose 6.8% from $126,934 in 2023.

Insurance contracts · 20249
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug vision ppo$40K · 6 covered
AETNA · health drug hmopremiums n/a · 34 covered
TUFTS ASSOCIATED HEALTH MAINTENANCE ORG., INC. · health drug hmopremiums n/a · 37 covered
TUFTS INSURANCE COMPANY · health drug ppopremiums n/a · 48 covered
PRIORITY HEALTH · health drugpremiums n/a · 137 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 178 covered
BLUE CROSS AND BLUE SHIELD OF RI · dentalpremiums n/a · 117 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 978 covered
Brokers & agents paid · 202413
MARION MINICHIELLO$27,761
HUB INTERNATIONAL MIDWEST LIMITED$11,249 · incl $11,249 fees
HUB INTERNATIONAL NEW ENGLAND LLC$35,595 · incl $1,684 fees
ANDREA R HENCHEY$4,459 · incl $1,167 fees
HORACIO J CABRAL AND OTHER AGENTS$4,025 · incl $389 fees
MICHAEL R ACKERMAN$3,640 · incl $339 fees
PIO ANDRES ORTIZ$3,614 · incl $726 fees
ENROLLMENT SOLUTIONS LIMITED$3,380 · incl $1,174 fees
INSPIRED INC$2,065 · incl $754 fees
THE HILB GROUP OF NEW ENGLAND LLC$956 · incl $956 fees
Also brokered by Marion Minichiello1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042314970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.