Plan Ledger DOL Form 5500 · updated monthly

Banner Engineering Corp.benefits

Banner Engineering Corp. Health and Welfare Benefit Plan · PLYMOUTH, MN · plan year 2025

Broker compensation reported · 2025
$95,763

Banner Engineering Corp.'s benefits plans covered 1,032 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $95,763 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $93 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.6% from $100,382 in 2024.

Insurance contracts · 20254
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 155 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 1,056 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,032 covered
Brokers & agents paid · 20252
UKG, INC.$9,200 · incl $9,200 fees
Also brokered by Ukg, Inc.5
Vacasa, LLC OR$50,865
Ardan, Inc. FL$3,527

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410907221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.