Plan Ledger DOL Form 5500 · updated monthly

Albaugh, LLCbenefits

Albaugh, LLC Employee Benefits Plan · ANKENY, IA · plan year 2024

Broker compensation reported · 2024
$156,307

Albaugh, LLC's benefits plans covered 635 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $156,307 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $246 per covered person, above the median for employer plans that report broker pay. Broker pay fell 12% from $178,352 in 2023.

Insurance contracts · 20243
HEALTH PARTNERS UNITYPOINT HEALTH · healthpremiums n/a · 635 covered
VISION SERVICE PLAN · visionpremiums n/a · 230 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 381 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC- MINNEA$128,559 · incl $54,736 fees
VERITAS PRIME, LLC$27,748 · incl $27,748 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421377980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.