Plan Ledger DOL Form 5500 · updated monthly

Arnold Machinery Companybenefits

Arnold Machinery Company Medical Benefit Plan · SALT LAKE CITY, UT · plan year 2024

Broker compensation reported · 2024
$37,832

Arnold Machinery Company's benefits plans covered 700 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $37,832 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $54 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 20% from $47,510 in 2023.

Insurance contracts · 20243
HUMANA INSURANCE COMPANY · visionpremiums n/a · 582 covered
BLOMQUIST HALE CONSULTING, INC.premiums n/a · 700 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 700 covered
Brokers & agents paid · 20241
PROFESSIONAL GROUP PLANS, INC.$37,832 · incl $26,568 fees
Also brokered by Professional Group Plans, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870112120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.