Plan Ledger DOL Form 5500 · updated monthly

Hormann LLCbenefits

Hormann LLC Employee Benefits Plan · MONTGOMERY, IL · plan year 2024

Broker compensation reported · 2024
$253,329

Hormann LLC's benefits plans covered 697 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $253,329 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $363 per covered person, above the median for employer plans that report broker pay. Broker pay rose 62% from $156,346 in 2023.

Insurance contracts · 20243
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 697 covered
UNITED BEHAVIORAL HEALTH DBA OPTUMpremiums n/a · 339 covered
AETNA LIFE INSURANCE COMPANY · health drug dental vision hmo ppopremiums n/a · 877 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES NORTHWEST$215,998 · incl $41,214 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 204330294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.