Plan Ledger DOL Form 5500 · updated monthly

Automann USAbenefits

Automann Inc Employee Benefits Plan · MONROE TOWNSHIP, NJ · plan year 2024

Broker compensation reported · 2024
$30,645

Automann USA's benefits plans covered 390 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $212,919. Insurance brokers and agents were paid $30,645 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.4% of premiums. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay fell 47% from $57,667 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF NEW JERSEY, INC. · dental$213K · 395 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 46 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 91 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 185 covered
VISION SERVICE PLAN · visionpremiums n/a · 383 covered
Brokers & agents paid · 20243
BENEFIT VENTURES CORP.$17,139 · incl $1,351 fees
BENEFIT VENTURES CORPORATION$6,559
BENEFIT VENTURES CORP$6,947
Also brokered by Benefit Ventures Corp.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223313040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.