Factory Motor Parts Companybenefits
Factory Motor Parts Company Group Life Insurance Plan · EAGAN, MN · plan year 2024
Broker compensation reported · 2024
$162,701
Factory Motor Parts Company's benefits plans covered 3,411 active participants in 2024, providing life · death benefits · short-term disability · other. Insurance brokers and agents were paid $162,701 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 57% from $377,936 in 2023.
Insurance contracts · 20242
UNITEDHEALTH INSURANCE COMPANY · life std ltdpremiums n/a · 3,760 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health visionpremiums n/a · 3,435 covered
Brokers & agents paid · 20244
HAYS GROUP INC$117,249
BROWN & BROWN MN MINNEAPOLIS$27,585
Also brokered by Hays Group Inc3
Davis Miles, PLLC AZ$6,955
Ip Corporation MN$2,476
Phillips & Temro Industries, Inc MN$1,439
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410639421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.