Challenge Mfg. Holdings, Inc.benefits
Challenge Mfg. Company Employee Benefits Plan · WALKER, MI · plan year 2024
Broker compensation reported · 2024
$152,355
Challenge Mfg. Holdings, Inc.'s benefits plans covered 2,790 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $152,355 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.8% from $158,351 in 2023.
Insurance contracts · 20241
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 3,111 covered
Brokers & agents paid · 20241
GCG FINANCIAL, LLC.$152,355 · incl $20,717 fees
Also brokered by Gcg Financial, LLC.5
Franchise Group, Inc. VA$262,629
Lendmark Financial Services, LLC GA$182,227
Lambs Farm IL$81,704
Compass Health Center, LLC IL$75,556
Aurora-Naperville Enterprises, Inc. IL$67,874
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 464294293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.