Plan Ledger DOL Form 5500 · updated monthly

Horizon Tool, Inc.benefits

Horizon Tool, Inc. Employee Benefit Plan · GREENSBORO, NC · plan year 2024

Broker compensation reported · 2024
$57,128

Horizon Tool, Inc.'s benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $57,128 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $519 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 9.0x the $6,370 reported for 2023.

Insurance contracts · 20246
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 110 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 21 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 23 covered
UNUM INSURANCE COMPANYpremiums n/a · 10 covered
UNUM INSURANCE COMPANYpremiums n/a · 10 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 60 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$57,128 · incl $14,625 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 561657604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.