Westmass Eldercare, Inc.benefits
Westmass Eldercare, Inc. · HOLYOKE, MA · plan year 2023
Broker compensation reported · 2023
$41,517
Westmass Eldercare, Inc.'s benefits plan covered 331 active participants in 2023, providing health · life · dental · vision · other. Insurance premiums totaled $1,897,269. Insurance brokers and agents were paid $41,517 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.2% of premiums. That is $125 per covered person, below the median for employer plans that report broker pay.
Insurance contracts · 20232
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life ppo$1.9M · 331 covered
HEALTH NEW ENGLAND, INC. · healthpremiums n/a · 145 covered
Brokers & agents paid · 20232
DUKE INSURANCE BROKERAGE INC$29,510 · incl $6,340 fees
GIS BENEFITS INC.$12,007 · incl $12,007 fees
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 042545848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.