Federal Foam Technologies, Inc.benefits
Federal Foam Technologies, Inc · NEW RICHMOND, WI · plan year 2024
Broker compensation reported · 2024
$74,685
Federal Foam Technologies, Inc.'s benefits plans covered 347 active participants in 2024, providing health · life · dental · short-term disability. Insurance premiums totaled $136,212. Insurance brokers and agents were paid $74,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.8% of premiums. That is $215 per covered person, above the median for employer plans that report broker pay. Broker pay rose 73% from $43,178 in 2023.
Insurance contracts · 20244
STANDARD INSURANCE COMPANY · life$72K · 256 covered
STANDARD INSURANCE COMPANY · ltd$65K · 256 covered
BCBSMN, INC. D.B.A BLUE CROSS BLUE SHIELD OF MINNNESOTA · health drug stop-losspremiums n/a · 347 covered
DELTA DENTAL OF WISCONSIN · dentalpremiums n/a · 205 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES NTL INC$66,964 · incl $6,549 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410668301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.