Plan Ledger DOL Form 5500 · updated monthly

Agco Corporationbenefits

Agco Corporation Health Life and Ad&D Plan · DULUTH, GA · plan year 2025

Broker compensation reported · 2025
$565,190

Agco Corporation's benefits plans covered 3,995 active participants in 2025, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $3,839,410. Insurance brokers and agents were paid $565,190 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.7% of premiums. That is $141 per covered person, below the median for employer plans that report broker pay. Broker pay rose 40% from $405,002 in 2024.

Insurance contracts · 20256
STANDARD INSURANCE COMPANY · life$2.5M · 4,103 covered
STANDARD INSURANCE COMPANY · ltd$1.4M · 3,556 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health dentalpremiums n/a · 30 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 337 covered
AXIS INSURANCE COMPANYpremiums n/a · 3,520 covered
Brokers & agents paid · 20257
WILLIS TOWERS WATSON US LLC$28,289 · incl $22,753 fees
DANIEL HAMMOND PATTERSON$10,216
Also brokered by Wtw5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 581960019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.