Plan Ledger DOL Form 5500 · updated monthly

Faro Services, Inc. dba Faro Logistics Solutions, Inc.benefits

Faro Logistics Solutions, Inc. Life/Ad&D Plan · GROVEPORT, OH · plan year 2024

Broker compensation reported · 2024
$6,922

Faro Services, Inc. dba Faro Logistics Solutions, Inc.'s benefits plans covered 123 active participants in 2024, providing life · other. Insurance brokers and agents were paid $6,922 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $56 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 31% from $5,281 in 2023.

Insurance contracts · 20242
PRINCIPLE LIFE INSURANCE COMPANY · lifepremiums n/a · 123 covered
PRINCIPLE LIFE INSURANCE COMPANY · ltdpremiums n/a · 123 covered
Brokers & agents paid · 20242
HUNTINGTON INS INC$6,625 · incl $1,152 fees
Individual agent · names withheld$297

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Huntington Ins Inc5
E2 Optics LLC CO$71,882
Iconma, LLC MI$66,813

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311379444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.