Beckhoff Automation, LLCbenefits
Beckhoff Automation, LLC Comprehensive Health and Welfare Benefit Plan · SALVAGE, MN · plan year 2024
Broker compensation reported · 2024
$221,452
Beckhoff Automation, LLC's benefits plans covered 566 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $221,452 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $391 per covered person, above the median for employer plans that report broker pay. Broker pay fell 1.5% from $224,888 in 2023.
Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS · health drugpremiums n/a · 491 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 1,234 covered
VISION SERVICE PLAN · visionpremiums n/a · 267 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 566 covered
Brokers & agents paid · 20242
ASSOCIATED FINANCIAL GROUP$180,284
USI INSURANCE SERVICES LLC$41,168 · incl $4,537 fees
Also brokered by Associated Financial Group1
Associated Banc-Corp WI$2,011
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522124363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.