Bachman's Inc.benefits
Bachman's Severance Plan · MINNEAPOLIS, MN · plan year 2025
Broker compensation reported · 2025
$14,758
Bachman's Inc.'s benefits plans covered 291 active participants in 2025. Insurance brokers and agents were paid $14,758 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $51 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 13% from $16,943 in 2024.
Insurance contracts · 20253
MEDICA INSURANCE COMPANY · health drugpremiums n/a · 253 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 270 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO. · visionpremiums n/a · 214 covered
Brokers & agents paid · 20253
BROWN & BROWN INS SERVICES, INC.$12,095 · incl $2,356 fees
WATCHTOWER BENEFITS, LLC$1,726 · incl $1,726 fees
BROWN & BROWN MN$937 · incl $937 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063
Bj's Wholesale Club, Inc. MA$1,345,025
Integrity Marketing Group TX$992,096
The Children's Hospital Corporation MA$913,519
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411708088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.