Plan Ledger DOL Form 5500 · updated monthly

Independence Excavating, Inc.benefits

Independence Excavating Inc. Employee Benefits Plan · BRECKSVILLE, OH · plan year 2025

Broker compensation reported · 2025
$117,098

Independence Excavating, Inc.'s benefits plans covered 520 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $38,859. Insurance brokers and agents were paid $117,098 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 301.3% of premiums. That is $225 per covered person, above the median for employer plans that report broker pay. Broker pay rose 118% from $53,752 in 2024.

Insurance contracts · 20252
VISION BENEFITS OF AMERICA · vision$39K · 396 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 521 covered
Brokers & agents paid · 20255
CENTRO BENEFITS RESEARCH, LLC$26,146 · incl $26,146 fees
NFP INSURANCE SERVICES, INC.$5,244 · incl $5,244 fees
PREPARE BENEFITS, LLC$3,349 · incl $3,349 fees
NFP CORPORATE SERVICES, INC.$35,791 · incl $6,285 fees
Also brokered by Centro Benefits Research, LLC5
Eotech, LLC MI$72,846
Techmer Pm, LLC TN$51,986
Venesco, LLC VA$49,049

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 340938274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.