Plan Ledger DOL Form 5500 · updated monthly

Cutters, Inc.benefits

Cutters, Inc. Flexible Benefits Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$61,266

Cutters, Inc.'s benefits plans covered 94 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance brokers and agents were paid $61,266 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $652 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 5.3x the $11,608 reported for 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF ILLINOISpremiums n/a · 161 covered
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 95 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$57,901 · incl $6,525 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363081382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.