Plan Ledger DOL Form 5500 · updated monthly

Altorfer Incbenefits

Altorfer Inc. Health Insurance Plan · CEDAR RAPIDS, IA · plan year 2024

Broker compensation reported · 2024
$96,832

Altorfer Inc's benefits plans covered 1,092 active participants in 2024, providing health · short-term disability · dental · vision · life · death benefits · long-term disability · other. Insurance premiums totaled $103,016. Insurance brokers and agents were paid $96,832 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 94.0% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay fell 14% from $112,299 in 2023.

Insurance contracts · 20245
VISION SERVICE PLAN · vision$103K · 712 covered
DELTA DENTAL OF IOWA · dentalpremiums n/a · 811 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 46 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,341 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 590 covered
Brokers & agents paid · 20244
COTTINGHAM & BUTLER INS$25,858 · incl $4,676 fees
COTTINGHAM & BUTLER$14,097 · incl $1,284 fees
COTTINGHAM & BUTLER, INC$10,282
COTTINGHAM & BUTLER INS SERVICES IN$46,595 · incl $11,380 fees
Also brokered by Cottingham & Butler Ins5
Hodge Company IA$75,656
Walpole Inc FL$28,569

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 420788540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.