Plan Ledger DOL Form 5500 · updated monthly

Dp Tool & Machine, Inc.benefits

Dp Tool & Machine, Inc. Employee Benefits Plan · AVON, NY · plan year 2024

Broker compensation reported · 2024
$38,757

Dp Tool & Machine, Inc.'s benefits plans covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $75,210. Insurance brokers and agents were paid $38,757 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 51.5% of premiums. That is $369 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.9% from $38,024 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · vision$39K · 363 covered
EXCELLUS BLUE CROSS BLUE SHIELD · dental$36K · 52 covered
EXCELLUS BLUE CROSS BLUE SHIELD · health drugpremiums n/a · 69 covered
SUN LIFE AND HEALTH INSURANCE COMPANY · life std ltdpremiums n/a · 102 covered
Brokers & agents paid · 20246
PAYCHEX INSURANCE AGENCY INC$8,248 · incl $998 fees
BRWON & BROWN OF NEW YORK, INC.$4,029
PAYCHEX AGENCY INC.$3,913
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 166153350 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.