Watts Water Technologiesbenefits
Business Accident Travel Plan · NORTH ANDOVER, MA · plan year 2024
Broker compensation reported · 2024
$138,795
Watts Water Technologies's benefits plans covered 1,781 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $138,795 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $78 per covered person, below the median for employer plans that report broker pay. Broker pay rose 0.7% from $137,859 in 2023.
Insurance contracts · 20247
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 529 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 618 covered
VISION SERVICE PLAN · visionpremiums n/a · 1,110 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 942 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 1,769 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 890 covered
AXIS INSURANCE COMPANYpremiums n/a · 1,781 covered
Brokers & agents paid · 20243
MERCER HEALTH AND BENEFITS, LLC$80,267 · incl $5,508 fees
PLANSOURCE BENEFITS ADMIN, INC.$3,672 · incl $3,672 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042916536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.