Bodine Electric Companybenefits
Bodine Electric Company Comprehensive Group Insurance · NORTHFIELD, IL · plan year 2025
Bodine Electric Company's benefits plans covered 249 active participants in 2025, providing life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $365,140. Insurance brokers and agents were paid $47,935 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.1% of premiums. That is $193 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.6% from $50,238 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 360821210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.