Plan Ledger DOL Form 5500 · updated monthly

Adams Thermal Systems, Inc.benefits

Adams Thermal Systems, Inc. Employee Group Life Insurance Plan · CANTON, SD · plan year 2024

Broker compensation reported · 2024
$5,694

Adams Thermal Systems, Inc.'s benefits plans covered 252 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $15,924. Insurance brokers and agents were paid $5,694 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.8% of premiums. That is $23 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 32% from $4,302 in 2023.

Insurance contracts · 20247
OPTILEGRA · vision$16K · 109 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 249 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 298 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 286 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 41 covered
SANFORD HEALTH PLAN · healthpremiums n/a · 243 covered
DELTA DENTAL OF SOUTH DAKOTA · dentalpremiums n/a · 251 covered
Brokers & agents paid · 20249
NANCY CLAUSSEN$1,117
HOLMES MURPHY & ASSOCIATES INC$1,906 · incl $1,906 fees
MARSH & MCLENNN AGENCY LLC$811
HOLMES, MURPHY, AND ASSOCIATES LLC$653
V AND S MARKETING$302
GRUND BENEFIT ADVISORS LLC$23
8 individual agents · names withheld$678

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Nancy Claussen4

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200386781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.