Plan Ledger DOL Form 5500 · updated monthly

Cranemasters, Inc.benefits

Cranemasters, Inc. Group Welfare Plan · NORTH CHESTERFIELD, VA · plan year 2024

Broker compensation reported · 2024
$156,785

Cranemasters, Inc.'s benefits plans covered 238 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $156,785 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $659 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $137,394 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dentalpremiums n/a · 204 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 238 covered
EYEMED VISION CARE · visionpremiums n/a · 354 covered
EYEMED VISION CARE · visionpremiums n/a · 16 covered
Brokers & agents paid · 20243
JAMES A. SCOTT & SON INC.$150,297 · incl $99,503 fees
WATCHTOWER TECHNOLOGIES INC.$5,251
C2 CENTRIC LLC$1,237 · incl $1,237 fees
Also brokered by James a. Scott & Son Inc.5
Anton Paar USA VA$116,746

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371205016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.