Plan Ledger DOL Form 5500 · updated monthly

Duro Electric Companybenefits

Duro Electric Company · ENGLEWOOD, CO · plan year 2024

Broker compensation reported · 2024
$1,809

Duro Electric Company's benefits plans covered 125 active participants in 2024, providing short-term disability. Insurance brokers and agents were paid $1,809 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 66% from $5,325 in 2023.

Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · stdpremiums n/a · 142 covered
Brokers & agents paid · 20241
MOODY INSURANCE AGENCY INC$1,809 · incl $87 fees
Also brokered by Moody Insurance Agency Inc4

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 840790713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.