Plan Ledger DOL Form 5500 · updated monthly

Ebm-Papst Inc.benefits

Ebm-Papst Inc. Flexible Benefit Plan · FARMINGTON, CT · plan year 2024

Broker compensation reported · 2024
$166,094

Ebm-Papst Inc.'s benefits plans covered 410 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $166,094 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $405 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $138,438 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health drug vision ppopremiums n/a · 397 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 472 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 12 covered
Brokers & agents paid · 20245
MERCER HEALTH AND BENEFITS, LLC$163,036 · incl $150,216 fees
LINDBERG & RIPPLE, INC.$1,596 · incl $541 fees
LRI, LLC DBA LINDBERG AND RIPPLE$1,148 · incl $1,148 fees
M FINANCIAL HOLDINGS, INC.$223 · incl $223 fees
MICHAEL I SILVERBERG, LLC$91
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 061045828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.