Danfoss Power Solutions (US) Companybenefits
Danfoss US Health and Welfare Plan · AMES, IA · plan year 2024
Broker compensation reported · 2024
$212,557
Danfoss Power Solutions (US) Company's benefits plans covered 5,319 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $212,557 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $40 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 23% from $277,529 in 2023.
Insurance contracts · 20245
EYEMED VISION CARE · visionpremiums n/a · 41 covered
EYEMED VISION CARE · visionpremiums n/a · 4,165 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 5,375 covered
SECURIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 7,877 covered
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a · 4,736 covered
Brokers & agents paid · 20241
CREATIVA ASSOCIATES FINANCIAL$212,557 · incl $76,034 fees
Also brokered by Creativa Associates Financial3
Marathon Petroleum Company LP OH$135,419
Georgetown University DC$52,111
Semikron Danfoss, LLC NY$9,924
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421345015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.