Plan Ledger DOL Form 5500 · updated monthly

Farmers Union Industries, LLCbenefits

Farmers Union Industries, LLC Health Plan · REDWOOD FALLS, MN · plan year 2024

Broker compensation reported · 2024
$23,465

Farmers Union Industries, LLC's benefits plan covered 489 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $415,053. Insurance brokers and agents were paid $23,465 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20245
DELTA DENTAL OF MINNESOTA · dental$198K · 698 covered
STANDARD INSURANCE COMPANY · life$154K · 483 covered
STANDARD INSURANCE COMPANY · ltd$63K · 139 covered
VISION SERVICE PLAN · visionpremiums n/a · 220 covered
STANDARD INSURANCE COMPANYpremiums n/a · 234 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$23,465 · incl $11,827 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 203001031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.