Plan Ledger DOL Form 5500 · updated monthly

Ware Industries, Inc.benefits

Ware Industries, Inc. Group Health and Welfare Plan · SOUTH PLAINFIELD, NJ · plan year 2024

Broker compensation reported · 2024
$43,329

Ware Industries, Inc.'s benefits plans covered 480 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $43,329 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $34,435 in 2023.

Insurance contracts · 20246
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 474 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 238 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 292 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 298 covered
NEW YORK LIFE GROUP INSURANCE COMPANY OF NY · stdpremiums n/a · 8 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental stop-losspremiums n/a · 659 covered
Brokers & agents paid · 20241
THE NIA GROUP, MARSH & MCLENNAN$43,329 · incl $4,810 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222952878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.