Plan Ledger DOL Form 5500 · updated monthly

Ferche Millwork, Inc.benefits

Ferche Millwork Welfare Benefit Plan · RICE, MN · plan year 2024

Broker compensation reported · 2024
$26,611

Ferche Millwork, Inc.'s benefits plans covered 163 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $26,611 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 11% from $24,058 in 2023.

Insurance contracts · 20241
METROPOLITGAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 163 covered
Brokers & agents paid · 20243
BOON CHAPMAN BENEFIT ADMINISTRATORS$4,834 · incl $4,834 fees
GIS BENEFITS INC$7,675 · incl $1,709 fees
NORTH RISK PARTNERS LLC$14,102 · incl $1,092 fees
Also brokered by Boon Chapman Benefit Administrators5
Indyne Inc MD$1,474,140
Constellis, LLC VA$426,548

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521585944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.