Plan Ledger DOL Form 5500 · updated monthly

Form-A-Feed, Inc.benefits

Form-A-Feed, Inc. Employee Benefits Plan · STEWART, MN · plan year 2024

Broker compensation reported · 2024
$75,031

Form-A-Feed, Inc.'s benefits plans covered 277 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $75,031 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $271 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $61,533 in 2023.

Insurance contracts · 20246
MEDICA INSURANCE COMPANY · healthpremiums n/a · 204 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 261 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · visionpremiums n/a · 137 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 100 covered
AFLAC · std ltdpremiums n/a · 91 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 88 covered
Brokers & agents paid · 20247
WESTLUND ASSOCIATES$38,568 · incl $1,133 fees
WESTLUND ASSOCIATES INC$27,640 · incl $3,214 fees
JACOB B SANKEN$3,772 · incl $217 fees
CATHY J OLIVER$1,785 · incl $144 fees
GROUPS PLUS INC$51
THE TODD GROUP$13
33 individual agents · names withheld$3,202

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Westlund Associates1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410993293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.