Plan Ledger DOL Form 5500 · updated monthly

Bolt Solutions, Inc.benefits

Bolt Solution, Inc Welfare Employee Benefit Plan · AUSTIN, TX · plan year 2024

Broker compensation reported · 2024
$106,055

Bolt Solutions, Inc.'s benefits plans covered 125 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $116,493. Insurance brokers and agents were paid $106,055 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 91.0% of premiums. That is $848 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 8.7% from $97,526 in 2023.

Insurance contracts · 20246
STANDARD INSURANCE COMPANY · std$49K · 148 covered
STANDARD INSURANCE COMPANY · ltd$44K · 149 covered
STANDARD INSURANCE COMPANY · life$23K · 149 covered
AETNA LIFE INSURANCE COMPANY · health dentalpremiums n/a · 286 covered
CONTINENTAL AMERICAN INSURANCE COMPANYpremiums n/a · 63 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$102,551 · incl $3,500 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522235415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.