Plan Ledger DOL Form 5500 · updated monthly

Innovative Fabricatorsbenefits

Innovative Fabricators Welfare Benefits Plan · BEDFORD, IN · plan year 2024

Broker compensation reported · 2024
$23,383

Innovative Fabricators's benefits plans covered 61 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $23,383 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $383 per covered person, above the median for employer plans that report broker pay. Broker pay fell 10% from $26,097 in 2023.

Insurance contracts · 20242
ANTHEM INSURANCE COMPANIES, INC. · health ppopremiums n/a · 51 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision lifepremiums n/a · 70 covered
Brokers & agents paid · 20241
JA BENEFITS LLC$23,383 · incl $1,517 fees
Also brokered by Ja Benefits LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 455390154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.