Plan Ledger DOL Form 5500 · updated monthly

American Fibertech Corporationbenefits

American Fibertech Corporation Welfare Benefit Plan · CLARKS HILL, IN · plan year 2024

Broker compensation reported · 2024
$145,541

American Fibertech Corporation's benefits plans covered 172 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $145,541 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $846 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 17% from $175,811 in 2023.

Insurance contracts · 20242
ANTHEM INSURANCE COMPANIES, INC. · health drug ppopremiums n/a · 266 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 177 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$145,507 · incl $25,634 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351691687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.