Plan Ledger DOL Form 5500 · updated monthly

Impact Mailing of Minnesota, Inc.benefits

Impact Mailing of Minnesota Health and Welfare Benefit Plan · MINNEAPOLIS, MN · plan year 2024

Broker compensation reported · 2024
$47,414

Impact Mailing of Minnesota, Inc.'s benefits plans covered 240 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $117,334. Insurance brokers and agents were paid $47,414 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.4% of premiums. That is $198 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.1% from $46,884 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF MINNESOTA · dental$117K · 232 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 240 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 99 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$33,851 · incl $9,073 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 411642309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.