American Family Mutual Insurance Company, S.I.benefits
American Family Mutual Insurance Company, S.I. Group Health and Welfare Plan · MADISON, WI · plan year 2024
American Family Mutual Insurance Company, S.I.'s benefits plans covered 12,217 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,507,556. Insurance brokers and agents were paid $240,914 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.0% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 40% from $171,815 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 390273710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.