Plan Ledger DOL Form 5500 · updated monthly

Ipg Photonics Corporationbenefits

Ipg Photonics Corporation Welfare Benefits Plan · OXFORD, MA · plan year 2025

Broker compensation reported · 2025
$105,676

Ipg Photonics Corporation's benefits plans covered 2,038 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $176,909. Insurance brokers and agents were paid $105,676 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.7% of premiums. That is $52 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 80% from $538,151 in 2024.

Insurance contracts · 20256
VISION SERVICE PLAN · vision$177K · 1,322 covered
KGApremiums n/a · 2,051 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 2,038 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,263 covered
Brokers & agents paid · 20253
MARSH & MCLENNAN AGENCY$63,275 · incl $9,159 fees
MARSH & MCLENNAN AGENCY LLC$38,721 · incl $930 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043444218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.