Plan Ledger DOL Form 5500 · updated monthly

Bunn-O-Matic Corporationbenefits

Bunn-O-Matic Corporation Welfare Benefit Plan · SPRINGFIELD, IL · plan year 2024

Broker compensation reported · 2024
$80,254

Bunn-O-Matic Corporation's benefits plans covered 1,088 active participants in 2024, providing health · life · dental · vision · long-term disability · other · death benefits. Insurance premiums totaled $129,123. Insurance brokers and agents were paid $80,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.2% of premiums. That is $74 per covered person, below the median for employer plans that report broker pay. Broker pay fell 23% from $104,566 in 2023.

Insurance contracts · 20246
VISION SERVICE PLAN · vision$129K · 886 covered
VISION SERVICE PLAN · visionpremiums n/a · 71 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,665 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,437 covered
KAISER FOUNDATION HEALTH PLAN INC · hmopremiums n/a · 13 covered
AMERITAS LIFE INSURANCE CORP. · dentalpremiums n/a · 162 covered
Brokers & agents paid · 20244
LOCKTON COMPANIES LLC$42,853 · incl $27,459 fees
HOME OFFICE TPA PAYS COMMISSION$7,823
LOCKTON COMPANIES$28,987 · incl $5,651 fees
AMWINS GROUP BENEFITS, INC.$591
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 370840805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.