Plan Ledger DOL Form 5500 · updated monthly

Egan Companybenefits

Egan Company Wrap Plan · CHAMPLIN, MN · plan year 2025

Broker compensation reported · 2025
$79,637

Egan Company's benefits plans covered 301 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $79,637 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $265 per covered person, above the median for employer plans that report broker pay. Broker pay rose 138% from $33,478 in 2024.

Insurance contracts · 20258
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 301 covered
VSP · visionpremiums n/a · 158 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 301 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 212 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 236 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 301 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 47 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 48 covered
Brokers & agents paid · 20257
BROWN & BROWN INS. AGENCY OF VA$1,120 · incl $1,120 fees
WATCHTOWER BENEFITS$4,152 · incl $4,152 fees
BROWN & BROWN INS AGENCY OF VA INC$1,866 · incl $1,866 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411570195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.