Plan Ledger DOL Form 5500 · updated monthly

Hannibal Carbide Tool, Inc.benefits

Hannibal Carbide Tool, Inc., Rock River Tool, Inc., Lexington Cutter, Inc. Group Health Benefit Plan · HANNIBAL, MO · plan year 2024

Broker compensation reported · 2024
$1,220

Hannibal Carbide Tool, Inc.'s benefits plans covered 92 active participants in 2024, providing health · life · death benefits. Insurance brokers and agents were paid $1,220 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 165% from $461 in 2023.

Insurance contracts · 20242
MADISON NATIONAL LIFE INSURANCE COMPANY, INC. · lifepremiums n/a · 92 covered
UNITED STATES FIRE INSURANCE COMPANY · stop-losspremiums n/a · 55 covered
Brokers & agents paid · 20242
NATIONAL INSURANCE SERVICES OF WI$323
Individual agent · names withheld$897

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.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 431182835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.