Plan Ledger DOL Form 5500 · updated monthly

Edge Industrial Technologiesbenefits

Edge Industrial Technologies Health and Welfare Benefit Plan · WILDER, KY · plan year 2024

Broker compensation reported · 2024
$64,259

Edge Industrial Technologies's benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $986,252. Insurance brokers and agents were paid $64,259 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $606 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $53,270 in 2023.

Insurance contracts · 20242
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health$986K · 120 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 106 covered
Brokers & agents paid · 20243
EMERSON ROGERS LLC$21,168 · incl $5,758 fees
MARSH & MCLENNAN AGENCY, LLC$24,012 · incl $430 fees
RSC INSURANCE BROKER, INC.$19,079
Also brokered by Emerson Rogers LLC5
Hazen and Sawyer NY$649,740

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 825388425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.