Plan Ledger DOL Form 5500 · updated monthly

Abrasive-Form LLCbenefits

Abrasive-Form LLC Employee Benefits Plan · BLOOMINGDALE, IL · plan year 2024

Broker compensation reported · 2024
$90,695

Abrasive-Form LLC's benefits plans covered 232 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $179,763. Insurance brokers and agents were paid $90,695 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 50.5% of premiums. That is $391 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10.0% from $100,744 in 2023.

Insurance contracts · 20243
STANDARD INSURANCE COMPANY · life std ltd$180K · 232 covered
DEARBORN LIFE INSURANCE COMPANY · visionpremiums n/a · 148 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health drug dentalpremiums n/a · 324 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES NORTHWEST$74,302 · incl $2,010 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 475282271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.