Plan Ledger DOL Form 5500 · updated monthly

Forklifts of Minnesota Incbenefits

Forklifts of Minnesota Inc Employee Benefit Plan · BLOOMINGTON, MN · plan year 2025

Broker compensation reported · 2025
$44,800

Forklifts of Minnesota Inc's benefits plans covered 130 active participants in 2025, providing health · life · dental · short-term disability · other. Insurance brokers and agents were paid $44,800 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $345 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.6% from $49,007 in 2024.

Insurance contracts · 20254
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 204 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 129 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 233 covered
BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS · healthpremiums n/a · 229 covered
Brokers & agents paid · 20254
FLAGSHIP INSURANCE SERVICES INC$23,430
FLAGSHIP INSURANCE SERVICES$11,708
FLAGSHIP INS SVCS INC$4,525
BENEUSA LLC$5,137 · incl $5,137 fees
Also brokered by Flagship Insurance Services Inc4

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410734498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.