Plan Ledger DOL Form 5500 · updated monthly

Braxton Manufacturing Company, Inc.benefits

Braxton Manufacturing Co., Inc. & Affiliates Employees' Health & Welfare Plan · WATERTOWN, CT · plan year 2024

Broker compensation reported · 2024
$327,803

Braxton Manufacturing Company, Inc.'s benefits plans covered 194 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $327,803 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,690 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 1.3% from $331,957 in 2023.

Insurance contracts · 20245
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 194 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 16 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 134 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 194 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 287 covered
Brokers & agents paid · 20243
PROFESSIONAL PENSIONS, INC.$105,702 · incl $105,702 fees
ASSUREDPARTNERS$216,344 · incl $186,856 fees
PPI BENEFIT SOLUTIONS$5,757 · incl $5,757 fees
Also brokered by Professional Pensions, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060802403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.