Plan Ledger DOL Form 5500 · updated monthly

Bendix Commercial Vehicle Systems LLCbenefits

Severance Pay Plan · AVON, OH · plan year 2024

Broker compensation reported · 2024
$148,597

Bendix Commercial Vehicle Systems LLC's benefits plans covered 2,482 active participants in 2024. Insurance brokers and agents were paid $148,597 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $60 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $177,614 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 3,243 covered
HARTFORD LIFE AND ACCIDENT · ltdpremiums n/a · 1,038 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 3,182 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 2,210 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC$130,820 · incl $1,459 fees
MERCER HUMAN RESOURCE CONSULTING$17,777 · incl $17,777 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 263792367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.