Plan Ledger DOL Form 5500 · updated monthly

Cannon Automotive Solutions Bowling Green, Inc.benefits

Cleveland-Cliffs Tooling and Stamping - Cannon Welfare Benefit Plan · BOWLING GREEN, KY · plan year 2024

Broker compensation reported · 2024
$42,139

Cannon Automotive Solutions Bowling Green, Inc.'s benefits plans covered 185 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,705,401. Insurance brokers and agents were paid $42,139 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.5% of premiums. That is $228 per covered person, above the median for employer plans that report broker pay. Broker pay fell 39% from $68,655 in 2023.

Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF ALABAMA · health drug ppo$1.7M · 272 covered
ANTHEM HEALTH PLANS OF KENTUCKY · dental visionpremiums n/a · 293 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 4 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 147 covered
Brokers & agents paid · 20243
HOUCHENS INSURANCE GROUP, INC.$28,566 · incl $7,022 fees
HOUCHENS INSURANCE GROUP INC$13,458 · incl $3,906 fees
4 individual agents · names withheld$115

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Houchens Insurance Group, Inc.5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 260766559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.