Burns Industrial Equipment, Inc.benefits
Burns Industrial Equipment, Inc. Welfare Benefit Plan · WARRENDALE, PA · plan year 2024
Broker compensation reported · 2024
$123,096
Burns Industrial Equipment, Inc.'s benefits plans covered 244 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $123,096 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $504 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.2% from $121,643 in 2023.
Insurance contracts · 20247
HIGHMARK, INC. · visionpremiums n/a · 371 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drugpremiums n/a · 319 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 242 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 242 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 185 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 242 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 92 covered
Brokers & agents paid · 20241
HENDERSON BROTHERS, INC.$123,096 · incl $2,485 fees
Also brokered by Henderson Brothers, Inc.5
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Audia International, Inc. PA$141,798
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251232695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.