Plan Ledger DOL Form 5500 · updated monthly

Arnold Magnetic Technologies Corporationbenefits

Arnold Magnetic Technologies Flexible Benefit Plan · ROCHESTER, NY · plan year 2024

Broker compensation reported · 2024
$260,139

Arnold Magnetic Technologies Corporation's benefits plans covered 413 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $260,139 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $630 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.2% from $240,449 in 2023.

Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 418 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 220 covered
Brokers & agents paid · 20243
BROWN & BROWN OF NEW YORK INC$118,130 · incl $118,130 fees
BROWN & BROWN INSURANCE SERVIC$82,286 · incl $25,424 fees
BROWN & BROWN INS SVC INC$59,723 · incl $59,723 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202368759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.