Plan Ledger DOL Form 5500 · updated monthly

Greater Minnesota Family Servicesbenefits

Greater Minnesota Family Services Employee Benefits Plan · WILLMAR, MN · plan year 2024

Broker compensation reported · 2024
$30,247

Greater Minnesota Family Services's benefits plans covered 164 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $30,247 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $184 per covered person, below the median for employer plans that report broker pay. Broker pay rose 45% from $20,807 in 2023.

Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · dental lifepremiums n/a · 294 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · visionpremiums n/a · 86 covered
STANDARD INSURANCE COMPANY · std ltdpremiums n/a · 42 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$30,247 · incl $5,785 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411851475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.