Plan Ledger DOL Form 5500 · updated monthly

Genetec USAbenefits

Genetec USA Health and Welfare Benefit Plan · OAKBROOK, IL · plan year 2024

Broker compensation reported · 2024
$122,717

Genetec USA's benefits plans covered 214 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $122,717 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $573 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 53% from $263,867 in 2023.

Insurance contracts · 20242
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 214 covered
UNITED HEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 131 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$122,717 · incl $98,574 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204572119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.