Plan Ledger DOL Form 5500 · updated monthly

Vestmark, Inc.benefits

Vestmark, Inc. Welfare Benefits Plan · WAKEFIELD, MA · plan year 2024

Broker compensation reported · 2024
$169,227

Vestmark, Inc.'s benefits plans covered 353 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $6,998,756. Insurance brokers and agents were paid $169,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $479 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 4.9% from $177,980 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental$7.0M · 866 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 353 covered
ROCKET LAWYER LEGAL SERVICESpremiums n/a · 384 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$156,311 · incl $34,413 fees
INDIGO INSURANCE SERVICES, LLC$12,916 · incl $12,916 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043556518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.