Plan Ledger DOL Form 5500 · updated monthly

Highly Marelli USA, Inc.benefits

Highly Marelli USA, Inc. Health and Welfare Plan · SHELBYVILLE, TN · plan year 2024

Broker compensation reported · 2024
$166,920

Highly Marelli USA, Inc.'s benefits plans covered 253 active participants in 2024, providing dental · other · health · vision · life · death benefits · short-term disability · long-term disability. Insurance premiums totaled $2,352,072. Insurance brokers and agents were paid $166,920 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $660 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 14% from $195,187 in 2023.

Insurance contracts · 20244
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · health vision$2.4M · 587 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 399 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 17 covered
Brokers & agents paid · 20245
TIMOTHY ALEXANDER$86,237
COTTINGHAM & BUTLER INSURANCE$56,597 · incl $7,873 fees
PLANSOURCE BENEFITS ADMINISTRATION$23,303 · incl $23,303 fees
COTTINGHAM & BUTLER INSURANCE SERV$396
COTTINGHAM & BUTLER INS$387
Also brokered by Timothy Alexander5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 844613141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.