Plan Ledger DOL Form 5500 · updated monthly

Dem-Con Companies, LLCbenefits

Dem-Con Companies Employee Benefit Plan · SHAKOPEE, MN · plan year 2023

Broker compensation reported · 2023
$93,615

Dem-Con Companies, LLC's benefits plan covered 216 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $122,346. Insurance brokers and agents were paid $93,615 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.5% of premiums. That is $433 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20235
STANDARD INSURANCE COMPANY · life$48K · 216 covered
STANDARD INSURANCE COMPANY · std$43K · 210 covered
STANDARD INSURANCE COMPANY · ltd$32K · 108 covered
HEALTHPARTNERS INSURANCE COMPANY · health dentalpremiums n/a · 399 covered
Brokers & agents paid · 20232
MARSH & MCLENNAN AGENCY LLC$92,506 · incl $4,256 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$2,648,319

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 412008497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.