Plan Ledger DOL Form 5500 · updated monthly

Fairbanks Morse LLCbenefits

Fairbanks Morse Health and Welfare Plan · BELOIT, WI · plan year 2025

Broker compensation reported · 2025
$39,039

Fairbanks Morse LLC's benefits plans covered 1,373 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $39,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 61% from $24,297 in 2024.

Insurance contracts · 20253
WYSSTA INSURANCE COMPANY, INC. · visionpremiums n/a · 1,076 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 1,373 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 1,373 covered
Brokers & agents paid · 20252
BROWN & BROWN OF VIRGINIA, INC.$32,450 · incl $32,450 fees
CERIDIAN HCM, INC.$6,589 · incl $6,589 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 812933620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.