Fabcon Companies, L.L.C.benefits
Fabcon Companies, L.L.C. Group Benefits Plan · EDEN PRAIRIE, MN · plan year 2024
Broker compensation reported · 2024
$10,686
Fabcon Companies, L.L.C.'s benefits plans covered 740 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $10,686 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 5.2% from $11,274 in 2023.
Insurance contracts · 20243
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 897 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 800 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 908 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC$10,686 · incl $5,567 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156
The Boeing Co. and Consolidated Subsidiaries WA$5,091,875
Tata America International Corporation NY$4,231,391
Northrop Grumman Corporation VA$4,003,536
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311433960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.