Plan Ledger DOL Form 5500 · updated monthly

Abco Automation, Inc.benefits

Abco Automation Inc. Employee Benefit Plan · BROWN SUMMIT, NC · plan year 2024

Previously filed as Abco Automation Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$20,198

Abco Automation, Inc.'s benefits plans covered 133 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $20,198 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $152 per covered person, below the median for employer plans that report broker pay. Broker pay fell 14% from $23,369 in 2023.

Insurance contracts · 20246
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 133 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 57 covered
STARMOUNT LIFE INSURANCE COMPANY · dentalpremiums n/a · 102 covered
COMMUNITY EYE CARE · visionpremiums n/a · 156 covered
UNUM INSURANCE COMPANYpremiums n/a · 42 covered
UNUM INSURANCE COMPANYpremiums n/a · 38 covered
Brokers & agents paid · 20242
EMPLOYEE BENEFITS MARKETPLACE, LLC$18,776
EMPLOYEE BENEFITS MARKETPLACE$1,422

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561529470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.