Plan Ledger DOL Form 5500 · updated monthly

Weston Associates Management Co.benefits

Wearea · BOSTON, MA · plan year 2024

Broker compensation reported · 2024
$58,388

Weston Associates Management Co.'s benefits plans covered 86 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $143,627. Insurance brokers and agents were paid $58,388 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.7% of premiums. That is $679 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 10% from $65,000 in 2023.

Insurance contracts · 20245
BLUE CROSS AND BLUE SHIELD OF MISSISSIPPI, A MUTUAL INSURANCE COMPANY · health drug$144K · 86 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · health drug dental hmo ppopremiums n/a · 114 covered
VISION SERVICE PLAN · visionpremiums n/a · 45 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 26 covered
USABLE LIFE · life std ltdpremiums n/a · 86 covered
Brokers & agents paid · 20244
SCOTT BINGHAM$2,720
USI INSURANCE SERVICES LLC$2,401 · incl $533 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042577565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.