Plan Ledger DOL Form 5500 · updated monthly

Ford Business Machines, Inc.benefits

Ford Business Machines Life Insurance Plan · CONNELLSVILLE, PA · plan year 2024

Broker compensation reported · 2024
$2,453

Ford Business Machines, Inc.'s benefits plans covered 121 active participants in 2024, providing life · other. Insurance brokers and agents were paid $2,453 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 10.0% from $2,231 in 2023.

Insurance contracts · 20241
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 121 covered
Brokers & agents paid · 20243
SEUBERT & ASSOCIATES INC.$1,594
GIS BENEFITS INC.$728 · incl $728 fees
ARCHON LLC$131 · incl $131 fees
Also brokered by Seubert & Associates Inc.5
Lifesteps, Inc. PA$92,392

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251666683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.