Deere & Companybenefits
John Deere Welfare Plan for Salaried Employees · MOLINE, IL · plan year 2023
Broker compensation reported · 2023
$644,236
Deere & Company's benefits plans covered 17,161 active participants in 2023, providing life · long-term disability. Insurance premiums totaled $10,661,385. Insurance brokers and agents were paid $644,236 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $38 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 202310
SENTRY SELECT INSURANCE COMPANY · ltd$6.6M · 16,526 covered
SENTRY SELECT INSURANCE COMPANY · ltd$4.1M · 10,352 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health ppopremiums n/a · 2,584 covered
DELTA DENTAL OF WISCONSIN · dentalpremiums n/a · 915 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health ppopremiums n/a · 18,904 covered
DELTA DENTAL OF WISCONSIN · dentalpremiums n/a · 746 covered
MINNESOTA LIFE INSURANCE CO. · lifepremiums n/a · 28,898 covered
MINNESOTA LIFE INSURANCE CO. · lifepremiums n/a · 8,173 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 18 covered
MINNESOTA LIFE INSURANCE CO. · lifepremiums n/a · 23,727 covered
Brokers & agents paid · 20231
PACIFIC RESOURCES BENEFITS$644,236 · incl $644,236 fees
Also brokered by Pacific Resources Benefits5
Boston Scientific Corporation MA$484,576
Duke Energy Corporation NC$358,411
Recreational Equipment, Inc. WA$254,277
National Railroad Passenger Corporation DC$136,340
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 362382580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.