Plan Ledger DOL Form 5500 · updated monthly

Ferrotec (USA) Corporationbenefits

Ferrotec (USA) Corporation Welfare Benefits Plan · BEDFORD, NH · plan year 2024

Broker compensation reported · 2024
$51,107

Ferrotec (USA) Corporation's benefits plans covered 269 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $51,107 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $190 per covered person, above the median for employer plans that report broker pay. Broker pay rose 53% from $33,445 in 2023.

Insurance contracts · 20244
VISION SERVICE PLAN · visionpremiums n/a · 178 covered
ANTHEM LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 269 covered
ANTHEM HEALTH PLANS OF NEW HAMPSHIRE, INC. · stop-losspremiums n/a · 419 covered
DELTA DENTAL OF CALIFORNIA · dentalpremiums n/a · 473 covered
Brokers & agents paid · 20242
DIGITAL INSURANCE LLC$48,252 · incl $1,040 fees
Also brokered by Digital Insurance LLC5
Ciox Health, LLC AZ$676,187

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 020275185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.