Plan Ledger DOL Form 5500 · updated monthly

Herculift Incbenefits

Herc-U-Lift Welfare Benefits · MAPLE PLAIN, MN · plan year 2025

Broker compensation reported · 2025
$73,468

Herculift Inc's benefits plans covered 210 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $73,468 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $350 per covered person, above the median for employer plans that report broker pay. Broker pay fell 7.6% from $79,473 in 2024.

Insurance contracts · 20254
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · stdpremiums n/a · 77 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 299 covered
DDMN ASO, LLC · dentalpremiums n/a · 288 covered
HEALTHPARTNERS INSURANCE COMPANY · healthpremiums n/a · 244 covered
Brokers & agents paid · 20257
MATTHEW CHARLES FELKNOR$49,543 · incl $49,543 fees
MATTHEW C FELKNOR$20,041
MATTHEW FELKNOR$1,920 · incl $1,920 fees
NATIONAL ENROLLMENT PARTNERS LLC$1,123 · incl $531 fees
TR INSURANCE ADVISORS INC$108
KLH INSURANCE INC$77 · incl $12 fees
5 individual agents · names withheld$656

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 2025, EIN 410968548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.