Plan Ledger DOL Form 5500 · updated monthly

Industrial Maintenace, Welding & Machining Company, Inc.benefits

Industrial Maintenance, Welding & Machining Company, Inc. Cafeteria Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$45,782

Industrial Maintenace, Welding & Machining Company, Inc.'s benefits plans covered 129 active participants in 2024, providing health · life · dental · vision. Insurance brokers and agents were paid $45,782 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $355 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.0x the $9,211 reported for 2023.

Insurance contracts · 20245
ANTHEM LIFE INSURANCE COMPANY · lifepremiums n/a · 101 covered
ANTHEM INSURANCE COMPANIES, INC. · dentalpremiums n/a · 110 covered
ANTHEM INSURANCE COMPANIES, INC. · visionpremiums n/a · 129 covered
UNITED HEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 35 covered
STANDARD INSURANCE COMPANY · lifepremiums n/a · 103 covered
Brokers & agents paid · 20242
THE BOON INSURANCE AGENCY INC$10,262 · incl $10,262 fees
SPECTRUM INSURANCE GROUP, INC.$35,520
Also brokered by The Boon Insurance Agency Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351347953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.