Plan Ledger DOL Form 5500 · updated monthly

Ferragon Corporationbenefits

Ferragon Corporation Life and Ad&D Plan · CLEVELAND, OH · plan year 2024

Broker compensation reported · 2024
$78,559

Ferragon Corporation's benefits plans covered 358 active participants in 2024, providing life · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $78,559 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $219 per covered person, above the median for employer plans that report broker pay. Broker pay rose 23% from $63,985 in 2023.

Insurance contracts · 20245
MEDICAL MUTUAL OF OHIO · health drug ppopremiums n/a · 126 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 336 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 358 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 314 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 314 covered
Brokers & agents paid · 20244
GALLAGHER BENEFIT SERVICES, INC.$64,962 · incl $17,466 fees
REDTAIL LTD$11,390 · incl $54 fees
JAMES B. OSWALD CO$2,201 · incl $110 fees
THE JAMES B. OSWALD COMPANY$6 · incl $6 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341384033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.